Stellus Capital Investment Corporation Declares Regular Monthly Dividend for Each of January, 2017, February, 2017 and March, 2017, Payable on February 15, 2017, March 15, 2017 and April 14, 2017, Respectively
January 17, 2017 at 05:03 pm EST
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Stellus Capital Investment Corporation board of directors declared a regular monthly dividend for each of January, 2017, February, 2017 and March, 2017 for an aggregate of $0.34 per share. The dividends will be paid on February 15, 2017, March 15, 2017 and April 14, 2017, respectively with the record dates of January 31, 2017, February 28, 2017 and March 31, 2017, respectively. Ex-dividend dates are January 27, 2017, February 24, 2017 and March 29, 2017, respectively.
Stellus Capital Investment Corporation is an externally managed, closed-end, non-diversified management investment company that operates as a business development company. Its investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through debt and related equity investments in middle-market companies. It seeks to achieve its investment objective by originating and investing primarily in private United States middle-market companies (typically those with $5.0 million to $50.0 million of earnings before interest, taxes, depreciation and amortization (EBITDA)) through first lien, second lien, unitranche and unsecured debt financing, with corresponding equity co-investments. It invests in various sectors, such as, services: business, healthcare and pharmaceuticals, consumer goods: durable, consumer goods: non-durable, media: diversified and production others. Its investment adviser is Stellus Capital Management, LLC.
Stellus Capital Investment Corporation Declares Regular Monthly Dividend for Each of January, 2017, February, 2017 and March, 2017, Payable on February 15, 2017, March 15, 2017 and April 14, 2017, Respectively