Stellus Capital Investment Corporation Declares Supplemental Dividend for the Months of July, August and September, Payable on August 13, 2021, September 15, 2021 and October 15, 2021
July 20, 2021 at 06:52 am EDT
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Stellus Capital Investment Corporation declared a supplemental dividend of $0.01 for each of the months of July, August and September. Ex-dividend dates are July 29, 2021, August 30, 2021 and September 29, 2021. Record dates are July 30, 2021, August 31, 2021 and September 30, 2021. The dividend will be payable on August 13, 2021, September 15, 2021 and October 15, 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 Supplemental Dividend for the Months of July, August and September, Payable on August 13, 2021, September 15, 2021 and October 15, 2021