Stellus Capital Investment Corporation Enacts Changes to Monthly Dividend Schedule for Q1 2025
Stellus Capital Investment Corporation Updates Dividend Announcement
Stellus Capital Investment Corporation (NYSE: SCM) has recently made an important announcement regarding its monthly dividend payouts for the first quarter of 2025. The Board of Directors declared a total dividend of $0.40 per share, which will be distributed in three monthly increments of $0.1333 each during February, March, and April 2025. This strategic adjustment aims to inform shareholders about the precise timeline and details surrounding the dividend distribution process.
Key Dates for Dividend Payout
The following table summarizes the declared dividends, including their respective ex-dividend dates, record dates, and payment dates:
| Declared | Ex-Dividend Date | Record Date | Payment Date | Amount per Share |
|---|---|---|---|---|
| ---- | ----- | ---- | ---- | ------- |
| 1/9/2025 | 1/31/2025 | 1/31/2025 | 2/14/2025 | $0.1333 |
| 1/9/2025 | 2/28/2025 | 2/28/2025 | 3/14/2025 | $0.1333 |
| 1/9/2025 | 3/31/2025 | 3/31/2025 | 4/15/2025 | $0.1333 |
This new schedule provides clarity to investors who look forward to regular income from their investments. By dividing the total dividend into monthly increments, Stellus aims to enhance liquidity and provide a consistent revenue stream to its shareholders.
About Stellus Capital Investment Corporation
Stellus Capital Investment Corporation operates as a closed-end, externally-managed investment management company, specifically regulated as a Business Development Company (BDC) under the Investment Company Act of 1940. The corporation is focused on generating maximum returns for its shareholders through various investment strategies primarily aimed at middle-market companies.
The firm's investments predominantly involve private middle-market companies, typically defined as those with EBITDA ranging from $5 million to $50 million. Stellus pursues various financing structures including first lien, second lien, unitranche, and mezzanine debt financing, complemented by corresponding equity investments to enhance overall returns.
With an experienced investment management team, Stellus Capital is committed to strategizing and implementing investment policies to maximize shareholder value through capital appreciation and current income.
Important Considerations
As with all investment strategies, shareholders should consider the associated risks and uncertainties that could affect future performance. Stellus advises its investors to thoroughly review the company’s filings with the Securities and Exchange Commission, which include updates on financial conditions and strategic outlook.
In conclusion, the announcement by Stellus Capital Investment Corporation regarding its dividend structure for the first quarter of 2025 is a positive sign for shareholders. It underlines the company’s ongoing commitment to delivering value and ensures investors remain informed about their investments and potential income.
For further details about Stellus Capital Investment Corporation and its upcoming dividend actions, interested individuals are encouraged to visit their official website at www.stelluscapital.com and check the 'Public (SCIC)' section.
Topics Financial Services & Investing）
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