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

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

Stellus Capital Investment Trading Down 2.5 %

Stellus Capital Investment stock traded down $0.39 during mid-day trading on Tuesday, reaching $15.12. 266,294 shares of the company traded hands, compared to its average volume of 142,667. Stellus Capital Investment has a 52-week low of $12.75 and a 52-week high of $15.56. The firm has a market capitalization of $408.98 million, a price-to-earnings ratio of 7.71 and a beta of 1.07. The firm’s 50 day moving average price is $14.52 and its 200 day moving average price is $14.05. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.29 and a quick ratio of 0.29.

Stellus Capital Investment Announces Dividend

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