Stellus Capital Investment Corporation Declares Monthly Dividend for January, 2023, Payable on February 15, 2023
January 12, 2023 at 06:00 am EST
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Stellus Capital Investment Corporation announced that its Board of Directors has declared a monthly dividend of $0.1333 per share for January, 2023. Ex-dividend date is January 30, 2023. Record date is January 31, 2023 and Payment date is February 15, 2023.
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.