Stellus Capital Investment

Stellus Capital Investment Corp. is an an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company. It develops company which seeks investment opportunities in middle market companies located in The US and Canada. The company was founded on May 18, 2012 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Stellus Capital Investment (SCM) reports solid Q1 performance and eyes growth opportunities

Stellus Capital Investment (SCM) delivered strong financial results in Q1 2024, with a focus on stable asset quality and dividend payouts. While facing challenges such as market spread decreases, the company is poised for growth through increased fundings and potential gains from equity investments.

Stellus Capital Investment (SCM) reports stable Q3 earnings and growth

Stellus Capital Investment (SCM) delivered stable earnings and asset growth in Q3, supported by a diversified portfolio and strong asset quality.
While facing challenges in managing loan repayments and sustaining portfolio growth, SCM's prudent risk management and consistent dividends are key strengths.
Opportunities lie in expanding investments, realizing equity proceeds, and navigating market dynamics to drive future growth and returns for investors.

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Passive income is characterized by its ability to generate revenue without requiring the earner's continuous active effort, making it a desirable financial strategy for those seeking to diversify their income streams or achieve financial independence.

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Stellus Capital Investment's dividend pay-out ratio reached 100% in Q3, eliminating the margin of safety and increasing dividend risk. The rise in non-accruals to 4.7% and higher realized losses justify downgrading the stock rating from 'Buy' to 'Hold'. Despite new loans boosting future net investment income, the current high pay-out ratio and credit quality concerns outweigh potential benefits.

Stellus Capital: The 12% Yield Could Be At Risk (Rating Downgrade)

Key Points Passive income is a steady stream of unearned income that doesn't require active traditional work.

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Stellus Capital Investment Corporation (SCM) Q3 2024 Earnings Call Transcript

Stellus Capital (SCM) came out with quarterly earnings of $0.40 per share, missing the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.49 per share a year ago.

Stellus Capital (SCM) Q3 Earnings and Revenues Miss Estimates

HOUSTON , Nov. 7, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) ("Stellus", "we", or the "Company") today announced financial results for its fiscal quarter ended September 30, 2024. Robert T. Ladd, Chief Executive Officer of Stellus, stated, "I am pleased to report solid operating results for the quarter ended September 30, 2024, in which we earned U.S. GAAP net investment income of $0.39 per share and core net investment income of $0.40 per share, which covered the regular dividend declared of $0.40 per share.

Stellus Capital Investment Corporation Reports Results for its Third Fiscal Quarter Ended September 30, 2024

HOUSTON , Oct. 30, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE: SCM) will release its financial results for the third quarter ended September 30, 2024 on Thursday, November 7, 2024, after the close of the stock market. Stellus Capital Investment Corporation will host a conference call to discuss these results on Friday, November 8, 2024 at 11:00 AM, Central Time.

Stellus Capital Investment Corporation Schedules Third Quarter 2024 Financial Results Conference Call

24/7 Wall St. Insights Passive income is a steady stream of unearned income that doesn't require active traditional work.

Investing $5,000 Into These Dividend Stocks Will Generate $500 Each Month in Passive Income

HOUSTON , Oct. 10, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE: SCM) announced that its Board of Directors has declared a monthly dividend of $0.1333 for each of October, November, and December, totaling $0.40 per share in the aggregate for the fourth quarter of 2024. The regular dividend of $0.40 per share will be paid to shareholders of record in November and December 2024, and January 2025.

Stellus Capital Investment Corporation Announces $0.40 Fourth Quarter 2024 Regular Dividend, Payable Monthly in Increments of $0.1333 in November and December 2024, and January 2025

Stellus Capital's price has retracted, making it a potential entry point for income-focused investors, with a high dividend yield of 11.6% and strong distribution coverage. SCM's portfolio of floating rate debt and first lien senior secured investments provides risk mitigation and benefits from elevated interest rates. Despite a slight increase in non-accrual rates, the Company's portfolio remains resilient, with net investment income supporting the high distribution.

Stellus Capital: Consistent Performance But Still Awaiting A Better Entry

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Stellus Capital Investment Corporation offers passive income investors a well-covered 12% dividend yield paid monthly. The BDC has a stable dividend pay-out ratio, originated new investments, and has a low core NII-based dividend pay-out ratio of 80%. Despite an increase in non-accrual ratio, Stellus Capital Investment remains a 'Buy' for high quality yield investment with a 3% premium to NAV.

Stellus Capital: 12% Yield, Monthly Payer, Reasonable Valuation

Stellus Capital Investment Corporation is struggling to generate market-beating returns because of sluggish share price momentum. Q2 earnings exceeded expectations due to waived incentive fees and portfolio growth strategy. Potential rate cuts, significant share issuance, and increasing non-accruals pose risks to financial growth and returns for shareholders.

Stellus Capital: Potential Negative Growth, Non-Accruals And Lofty Valuation Could Hinder Returns

Stellus Capital Investment Corporation (NYSE:SCM ) Q2 2024 Results Conference Call August 8, 2024 11:00 AM ET Company Participants Robert Ladd - Chairman and Chief Executive Officer Todd Huskinson - Chief Financial Officer, Chief Compliance Officer, Treasurer and Secretary Conference Call Participants Christopher Nolan - Ladenburg Thalmann Sean-Paul Adams - Raymond James Operator Good morning, ladies and gentlemen, and thank you for standing by. At this time, I would like to welcome everyone to Stellus Capital Investment Corporation's conference call to report financial results for its second fiscal quarter ended June 30, 2024.

Stellus Capital Investment Corporation (SCM) Q2 2024 Earnings Call Transcript

Stellus Capital (SCM) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.51 per share a year ago.

Stellus Capital (SCM) Tops Q2 Earnings and Revenue Estimates

HOUSTON , Aug. 7, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) ("Stellus" or the "Company") today announced financial results for its second fiscal quarter ended June 30, 2024. Robert T. Ladd, Chief Executive Officer of Stellus, stated, "I am pleased to report solid operating results for the quarter ended June 30, 2024, in which U.S. GAAP net investment income of $0.48 per share and core net investment income of $0.50 per share covered the regular dividend declared of $0.40 per share.

Stellus Capital Investment Corporation Reports Results for its Second Fiscal Quarter Ended June 30, 2024

HOUSTON , July 31, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE: SCM) will release its financial results for the second quarter ended June 30, 2024 on Wednesday, August 7, 2024, after the close of the stock market. Stellus Capital Investment Corporation will host a conference call to discuss these results on Thursday,  August 8, 2024 at 11:00 AM, Central Time.

Stellus Capital Investment Corporation Schedules Second Quarter 2024 Financial Results Conference Call

HOUSTON , July 11, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE: SCM) announced that its Board of Directors has declared a monthly dividend of $0.1333 for each of July, August, and September, totaling $0.40 per share in the aggregate for the third quarter of 2024. The regular dividend of $0.40 per share will be paid to shareholders of record in August, September, and October 2024.

Stellus Capital Investment Corporation Announces $0.40 Third Quarter 2024 Regular Dividend, Payable Monthly in Increments of $0.1333 in August, September, and October 2024

Stellus Capital Investment Corporation is a solid buy for passive income on the pullback. The company is positioned to profit from a higher-for-longer rate environment. The stock is selling at a moderate premium to net asset value.

Stellus Capital: This 12% Yield Is Too Good To Miss

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Stellus Capital Investment Corporation (NYSE:SCM ) Q1 2024 Earnings Conference Call May 10, 2024 12:00 PM ET Company Participants Robert Ladd - Chairman and Chief Executive Officer Todd Huskinson - Chief Financial Officer, Chief Compliance Officer, Treasurer and Secretary Conference Call Participants Christopher Nolan - Ladenburg Thalmann Bryce Rowe - B. Riley Erik Zwick - Hovde Group Operator Good afternoon, ladies and gentlemen, and thank you for standing by.

Stellus Capital Investment Corporation (SCM) Q1 2024 Earnings Call Transcript

HOUSTON , May 9, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) ("Stellus" or the "Company") today announced financial results for its first fiscal quarter ended March 31, 2024. Robert T. Ladd, Chief Executive Officer of Stellus, stated, "I am pleased to report solid operating results for the quarter ended March 31, 2024, in which net asset value grew by $0.15 per share and U.S. GAAP net investment income of $0.42 per share and core net investment income of $0.44 per share covered the regular dividend declared of $0.40 per share.

Stellus Capital Investment Corporation Reports Results for its First Fiscal Quarter Ended March 31, 2024

Stellus Capital Investment Corp (SCM) is a BDC that has benefited from the higher interest rate environment, growing earnings and rewarding shareholders with supplemental dividends.

Stellus Capital: High Monthly Income But Trades At A Premium

HOUSTON , May 3, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE: SCM) will release its financial results for the first quarter ended March 31, 2024 on Thursday, May 9, 2024, after the close of the stock market. Stellus Capital Investment Corporation will host a conference call to discuss these results on Friday, May 10, 2024 at 11:00 AM, Central Time.

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