Stellus Capital Investment (NYSE:SCM) Announces Quarterly Earnings Results, Misses Estimates By $0.04 EPS

Stellus Capital Investment (NYSE:SCM) issued its quarterly earnings results on Tuesday. The investment management company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.04), Zacks reports. Stellus Capital Investment had a return on equity of 13.49% and a net margin of 45.39%.

Stellus Capital Investment Stock Down 2.5 %

SCM traded down $0.39 on Tuesday, hitting $15.12. 266,294 shares of the company were exchanged, compared to its average volume of 142,667. The firm has a 50-day moving average price of $14.52 and a two-hundred day moving average price of $14.05. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 1.15. Stellus Capital Investment has a twelve month low of $12.75 and a twelve month high of $15.56. The company has a market cap of $408.98 million, a price-to-earnings ratio of 7.71 and a beta of 1.07.

Stellus Capital Investment Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were paid a $0.1333 dividend. This represents a dividend yield of 10.88%. The ex-dividend date was Friday, January 31st. Stellus Capital Investment’s payout ratio is currently 81.63%.

About Stellus Capital Investment

Stellus Capital Investment Corporation is a business development company specializing in investments in private middle-market companies. It invests through first lien, second lien, unitranche, and mezzanine debt financing, often with a corresponding equity investment. The fund prefers to invest in US and Canada.