Stellus Capital Investment Corporation (SCM)
Stellus Capital: The Dividend Cut Finally Stopped The Bleeding (Rating Upgrade)
Stellus Capital Investment Corporation is upgraded to hold as recent distribution cuts and improved NAV signal stabilization, despite ongoing portfolio contraction. Its dividend yield stands at 11.8%, now fully covered by net investment income, but coverage remains thin and sustainability is uncertain amid elevated non-accruals. Portfolio growth is challenged by negative net investment activity and high non-accruals, though future redeployment of $140M in non-earning assets and a new SBIC license could support expansion.
Stellus Capital Investment Q2 Earnings Call Highlights
Stellus Capital Investment NYSE: SCM reported second-quarter 2026 net investment income of $0.26 per share on both a GAAP and core basis, while net asset value increased $0.26 per share, or 2%, from the prior quarter.
Stellus Capital Investment Corporation (SCM) Q2 2026 Earnings Call Transcript
Stellus Capital Investment Corporation (SCM) Q2 2026 Earnings Call Transcript
Stellus Capital (SCM) Q2 Earnings Match Estimates
Stellus Capital (SCM) came out with quarterly earnings of $0.26 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.35 per share a year ago.
Stellus Capital Investment Q1 Earnings Call Highlights
Stellus Capital Investment NYSE: SCM reported first-quarter results that included lower net asset value, a modest decline in portfolio size and elevated non-accruals, while management signaled that the company's dividend is likely to move lower over time to better align with earnings and realized gains.
Stellus Capital Investment Corporation (SCM) Q1 2026 Earnings Call Transcript
Stellus Capital Investment Corporation (SCM) Q1 2026 Earnings Call Transcript
Stellus Capital (SCM) Q1 Earnings Meet Estimates
Stellus Capital (SCM) came out with quarterly earnings of $0.27 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.37 per share a year ago.
Stellus Capital Investment Corporation (SCM) Q4 2025 Earnings Call Transcript
Stellus Capital Investment Corporation (SCM) Q4 2025 Earnings Call Transcript
Stellus Capital (SCM) Misses Q4 Earnings and Revenue Estimates
Stellus Capital (SCM) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.37 per share a year ago.
SCM's 16.5% Yield Looks Tempting, But the Dividend Was Just Slashed
Stellus Capital Investment Corporation ( NYSE:SCM ) is a business development company providing debt and equity financing to private middle-market businesses, earning income primarily through interest on senior secured loans and subordinated debt.
Stellus Capital: Q3 Reveals That Distributions Continue To Exceed Earnings
Stellus Capital Investment Corporation remains a sell due to poor earnings, weak dividend coverage, and a declining net asset value (NAV). SCM's distributions continue to exceed earnings, with a high 13.7% yield but unsustainable payout, risking further NAV erosion. Despite trading at a 10.96% discount to NAV, SCM's high non-accruals and insufficient new investment activity limit its growth potential.
Stellus Capital Investment Corporation (SCM) Q3 2025 Earnings Call Transcript
Stellus Capital Investment Corporation ( SCM ) Q3 2025 Earnings Call November 12, 2025 11:00 AM EST Company Participants Robert Ladd - Chairman, President & CEO W. Huskinson - CFO, Treasurer, Secretary & Chief Compliance Officer Conference Call Participants Erik Zwick - Lucid Capital Markets, LLC, Research Division Christopher Nolan - Ladenburg Thalmann & Co. Inc., Research Division Robert Dodd - Raymond James & Associates, Inc., Research Division Presentation Operator Good morning, ladies and gentlemen, and thank you for standing by.
