Stellus Capital Investment Corporation Declares Regular Monthly Dividend for July, August and September, Payable on August 13, 2021, September 15, 2021 and October 15, 2021
July 20, 2021 at 04:22 pm IST
Share
Stellus Capital Investment Corporation announced that its Board of Directors has declared a regular monthly dividend for each of July, August and September for an aggregate of $0.27 per share, which is an increase of $0.02 for the quarter as compared to the prior quarter. 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 Regular Monthly Dividend for July, August and September, Payable on August 13, 2021, September 15, 2021 and October 15, 2021