Stellus Capital Investment Corporation Declares Regular Monthly Dividend for October, November, and December, Payable on November 15, 2021, December 15, 2021 and December 31, 2021
September 15, 2021 at 06:00 am EDT
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Stellus Capital Investment Corporation announced that its Board of Directors has declared a regular monthly dividend for each of October, November, and December for $0.0933 per share, an aggregate of $0.28 per share which is an increase of $0.01 for the quarter as compared to the prior quarter. Payable on November 15, 2021, December 15, 2021 and December 31, 2021. Ex-dividend dates are October 28, 2021, November 29, 2021 and December 15, 2021. Record dates are October 29, 2021, November 30, 2021 and December 16, 2021.
Stellus Capital Investment Corporation is an externally managed, closed-end, non-diversified management investment company that operates as a business development company. Its investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through debt and related equity investments in middle-market companies. It seeks to achieve its investment objective by originating and investing primarily in private United States middle-market companies (typically those with $5.0 million to $50.0 million of earnings before interest, taxes, depreciation and amortization (EBITDA)) through first lien, second lien, unitranche and unsecured debt financing, with corresponding equity co-investments. It invests in various sectors, such as, services: business, healthcare and pharmaceuticals, consumer goods: durable, consumer goods: non-durable, media: diversified and production others. Its investment adviser is Stellus Capital Management, LLC.
Stellus Capital Investment Corporation Declares Regular Monthly Dividend for October, November, and December, Payable on November 15, 2021, December 15, 2021 and December 31, 2021