Stellus Capital Investment Corporation Declares Dividend for January, February, and March 2019, Payable on February 15, 2019, March 15, 2019 and April 15, 2019, Respectively
January 12, 2019 at 09:48 pm IST
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Stellus Capital Investment Corporation declared a dividend of $0.1133 per share for each of January, February, and March 2019 (first quarter of 2019), payable on February 15, 2019, March 15, 2019 and April 15, 2019 with record date of January 31, 2019, February 28, 2019 and March 29, 2019 and ex-dividend date of January 30, 2019, February 27, 2019 and March 28, 2019 respectively.
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 Dividend for January, February, and March 2019, Payable on February 15, 2019, March 15, 2019 and April 15, 2019, Respectively