Stellus Capital Investment Corp. (NYSE:scm) announced a dividend on Monday, October 10th. Stockholders of record on Wednesday, November 30th will be paid a dividend of 0.113 per share by the investment management company on Thursday, December 15th. The ex-dividend date is Monday, November 28th.

Shares of Stellus Capital Investment Corp. (NYSE:SCM) opened at 11.62 on Wednesday. The stock has a market cap of $145.01 million, a PE ratio of 24.88 and a beta of 0.48. The stock’s 50 day moving average price is $11.07 and its 200-day moving average price is $10.79. Stellus Capital Investment Corp. has a one year low of $7.15 and a one year high of $11.70.

Dividend History for Stellus Capital Investment Corp. (NYSE:scm)

Several research analysts recently weighed in on the company. Oppenheimer Holdings Inc. set a $13.00 target price on Stellus Capital Investment Corp. and gave the company a “buy” rating in a research note on Monday, August 8th. Raymond James Financial Inc. cut Stellus Capital Investment Corp. from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 11th. Finally, Zacks Investment Research raised Stellus Capital Investment Corp. from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research note on Thursday, August 11th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Stellus Capital Investment Corp. currently has an average rating of “Hold” and a consensus target price of $12.00.

In related news, insider Robert T. Ladd bought 3,000 shares of Stellus Capital Investment Corp. stock in a transaction dated Wednesday, November 9th. The stock was acquired at an average cost of $11.03 per share, with a total value of $33,090.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 3.80% of the company’s stock.

Large investors have recently made changes to their positions in the company. UBS Group AG increased its stake in shares of Stellus Capital Investment Corp. by 17.2% in the third quarter. UBS Group AG now owns 257,315 shares of the investment management company’s stock valued at $2,802,000 after buying an additional 37,805 shares in the last quarter. Morgan Stanley increased its stake in shares of Stellus Capital Investment Corp. by 15.3% in the third quarter. Morgan Stanley now owns 97,094 shares of the investment management company’s stock valued at $1,057,000 after buying an additional 12,916 shares in the last quarter. Nuveen Fund Advisors LLC acquired a new stake in shares of Stellus Capital Investment Corp. during the second quarter valued at about $746,000. Two Sigma Advisers LP increased its stake in shares of Stellus Capital Investment Corp. by 28.5% in the third quarter. Two Sigma Advisers LP now owns 50,000 shares of the investment management company’s stock valued at $545,000 after buying an additional 11,100 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Stellus Capital Investment Corp. by 172.2% in the third quarter. JPMorgan Chase & Co. now owns 17,257 shares of the investment management company’s stock valued at $188,000 after buying an additional 10,917 shares in the last quarter. 22.45% of the stock is owned by hedge funds and other institutional investors.

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About Stellus Capital Investment Corp.

Stellus Capital Investment Corporation is a closed-end, non-diversified management investment company. The Company originates and invests primarily in private middle-market companies through first lien, second lien, unitranche and mezzanine debt financing, with corresponding equity co-investments. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation.

5 Day Chart for NYSE:SCM

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