What does stellus capital investment do?

Stellus Capital Investment Corporation’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA (earnings before interest.

Is SCM a monthly dividend?

Stellus currently pays a monthly dividend of $0.0833 per share, which equates to an annualized payout of $1 per share. This is down from $0.1133 per share in 2020.

How often does stellus capital pay dividends?

“I am pleased to announce that we are changing the frequency of our dividend payments from quarterly to monthly.

How often does main pay dividends?

Main Street distributes dividends monthly and issues a supplemental dividend twice a year. Currently, the dividend yields $0

Does main pay monthly dividends?

Main Street has an interesting model in that it pays a relatively modest monthly dividend, but then tops up that payout twice per year with special dividends.

Is main stock a buy?

Main Street Capital has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Why is O stock going down?

(O) fell on Thursday after the company priced its secondary public offering and increased the number of shares offered. The company is now offering 12 million shares, up from 10.5 million shares, at $39.96 a share.

How much money does stellus Capital Management have?

Collectively, we have 340+ years of principal investing experience, deployed $6.6+ billion in lower middle market credit and equity investments across multiple cycles and industries, and delivered low loss ratios and strong returns for our investment partners.

How long has stellus partner group worked together?

Stellus’ Partner group has worked together for 18+ years, with most of the Managing Directors having “grown up” in the business.

When did stellus start investing in lower middle market companies?

The Stellus team began investing in lower middle market companies 18+ years ago, when only a handful of players existed. Since then, many lenders have entered and left the market. Stellus remains focused on building long-lasting relationships and becoming a long-term partner to the businesses and private equity firms we support.