News Digest / Ticker: SCM

Ticker: SCM

09:06am, Monday, Aug 12, 2024

Stellus Capital Reports Strong Q2 Earnings: Dividend Coverage and Growth Prospects Shine Despite NAV Dip

Stellus Capital Investment Corporation (NYSE: SCM) reported strong Q2 results, with a net investment income of $0.48 per share surpassing its $0.40 dividend. Despite a slight dip in NAV, the company projects portfolio growth and steady dividends. With a market cap of $358.29 million and an 11.6% ...