Follow The Dividend: Dec 15, 2016 will mean $0.11 dividends for Stellus Capital Investment Corporation (NYSE:SCM) shareholders.

Follow The Dividend: Dec 15, 2016 will mean $0.11 dividends for Stellus Capital Investment Corporation (NYSE:SCM) shareholders.

Stellus Capital Investment Corporation (NYSE:SCM) is expected to pay $0.11 on Dec 15, 2016. The indicated annual dividend is $1.36. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Stellus Capital Investment Corporation’s current price of $11.85, the dividend is 0.95%. This dividend’s record date is Nov 30, 2016 and the announcement date is Oct 10, 2016. The stock increased 0.42% or $0.05 on November 25, hitting $11.85. About 40,154 shares traded hands. Stellus Capital Investment Corp (NYSE:SCM) has risen 14.29% since April 25, 2016 and is uptrending. It has outperformed by 8.27% the S&P500.

Stellus Capital Investment Corporation is a closed-end, non-diversified management investment company. The company has a market cap of $148.39 million. The Firm originates and invests primarily in private middle-market companies through first lien, second lien, unitranche and mezzanine debt financing, with corresponding equity co-investments. It has a 9.03 P/E ratio. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation.

Insitutional Activity: The institutional sentiment decreased to 1.54 in Q2 2016. Its down 1.17, from 2.71 in 2016Q1. The ratio turned negative, as 2 funds sold all Stellus Capital Investment Corp shares owned while 5 reduced positions. 5 funds bought stakes while 14 increased positions. They now own 2.66 million shares or 3.52% more from 2.57 million shares in 2016Q1.
Raymond James Associate has 44,982 shares for 0% of their US portfolio. Gsa Cap Ptnrs Llp holds 12,900 shares or 0.01% of its portfolio. Oppenheimer accumulated 0.01% or 45,529 shares. Raymond James Fin Svcs Advsr owns 31,235 shares or 0% of their US portfolio. Freestone Capital Llc holds 0.2% or 197,103 shares in its portfolio. Morgan Stanley accumulated 84,178 shares or 0% of the stock. Arcadia Inv Corp Mi accumulated 1,955 shares or 0.01% of the stock. Ares Mgmt Ltd Liability Corp accumulated 0.09% or 110,563 shares. Deutsche Bankshares Ag last reported 7,449 shares in the company. Lakeview Partners Lc last reported 24,290 shares in the company. Yorktown Management Rech Inc has invested 0.41% of its portfolio in Stellus Capital Investment Corp (NYSE:SCM). California Public Employees Retirement Sys owns 22,000 shares or 0% of their US portfolio. Confluence Invest Mgmt Lc reported 391,917 shares or 0.11% of all its holdings. Wells Fargo & Mn last reported 244 shares in the company. Limestone Value Prtnrs Ltd Company has invested 0.53% of its portfolio in Stellus Capital Investment Corp (NYSE:SCM).

Stellus Capital Investment Corp (NYSE:SCM) Ratings Coverage

Out of 4 analysts covering Stellus Capital (NYSE:SCM), 0 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 0 are positive. Stellus Capital has been the topic of 6 analyst reports since August 10, 2015 according to StockzIntelligence Inc. On Wednesday, January 20 the stock rating was upgraded by Robert W. Baird to “Outperform”. The rating was reinitiated by Janney Capital with “Neutral” on Wednesday, April 27. The firm has “Market Perform” rating given on Thursday, August 11 by Raymond James. The stock has “Neutral” rating given by Robert W. Baird on Thursday, July 14.

More recent Stellus Capital Investment Corp (NYSE:SCM) news were published by: Prnewswire.com which released: “Stellus Capital Investment Corporation Reports Results for its third fiscal …” on November 04, 2016. Also Marketwatch.com published the news titled: “Stellus Capital Investment downgraded to neutral at outperform at RW Baird” on August 02, 2011. Reuters.com‘s news article titled: “BRIEF-Stellus Capital Investment Corp reports Q3 results” with publication date: November 04, 2016 was also an interesting one.

SCM Company Profile

Stellus Capital Investment Corporation, incorporated on May 18, 2012, is a closed-end, non-diversified management investment company. The Firm originates and invests primarily in private middle-market companies through first lien, second lien, unitranche and mezzanine debt financing, with corresponding equity co-investments. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation.

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