Latest news with #StellusCapital
Yahoo
02-07-2025
- Business
- Yahoo
Stellus Capital Investment Corporation Announces $0.40 Third Quarter 2025 Regular Dividend, Payable Monthly in Increments of $0.1333 in August, September, and October 2025
HOUSTON, July 2, 2025 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE: SCM) announced that its Board of Directors has declared a monthly dividend of $0.1333 for each of July, August, and September, totaling $0.40 per share in the aggregate for the third quarter of 2025. The regular dividend of $0.40 per share will be paid to shareholders of record, as detailed in the table below. Summary of Third Quarter 2025 Regular Monthly Dividends Declared Ex-Dividend Date Record Date Payment Date Amount per Share 7/02/2025 7/31/2025 7/31/2025 8/15/2025 $0.1333 7/02/2025 8/29/2025 8/29/2025 9/15/2025 $0.1333 7/02/2025 9/30/2025 9/30/2025 10/15/2025 $0.1333 About Stellus Capital Investment Corporation The Company is an externally-managed, closed-end, non-diversified investment management company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The Company's investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA (earnings before interest, taxes, depreciation and amortization)) through first lien, second lien, unitranche and mezzanine debt financing, and corresponding equity investments. The Company's investment activities are managed by its investment adviser, Stellus Capital Management. To learn more about Stellus Capital Investment Corporation, visit under the "Public (SCIC)" link. FORWARD-LOOKING STATEMENTS Statements included herein may contain "forward-looking statements" which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission including the final prospectus that will be filed with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release. ContactsStellus Capital Investment CorporationW. Todd Huskinson, (713) 292-5414Chief Financial Officerthuskinson@ View original content to download multimedia: SOURCE Stellus Capital Investment Corporation
Yahoo
13-05-2025
- Business
- Yahoo
Stellus Capital (SCM) Q1 Earnings Meet Estimates
Stellus Capital (SCM) came out with quarterly earnings of $0.37 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this investment company would post earnings of $0.38 per share when it actually produced earnings of $0.37, delivering a surprise of -2.63%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Stellus Capital , which belongs to the Zacks Financial - SBIC & Commercial Industry industry, posted revenues of $24.95 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 4.99%. This compares to year-ago revenues of $26 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Stellus Capital shares have lost about 4.4% since the beginning of the year versus the S&P 500's decline of -3.8%. While Stellus Capital has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Stellus Capital: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.38 on $26.92 million in revenues for the coming quarter and $1.49 on $107.66 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - SBIC & Commercial Industry is currently in the bottom 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Crescent Capital BDC (CCAP), another stock in the same industry, has yet to report results for the quarter ended March 2025. The results are expected to be released on May 14. This company is expected to post quarterly earnings of $0.52 per share in its upcoming report, which represents a year-over-year change of -17.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Crescent Capital BDC's revenues are expected to be $44.74 million, down 11.2% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Stellus Capital Investment Corporation (SCM) : Free Stock Analysis Report Crescent Capital BDC, Inc. (CCAP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
