SCM / High Yield Income: Secure Stellus Capital's 8.4% Yield

HOUSTON , Oct. 31, 2023 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE: SCM) will release its financial results for the third quarter en more_horizontal

Stellus Capital currently yields 12.2% and comes with a monthly dividend payment schedule. The dividend is 123% covered by GAAP net investment income more_horizontal

Stellus Capital (SCM) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with more_horizontal

After losing some value lately, a hammer chart pattern has been formed for Stellus Capital (SCM), indicating that the stock has found support. This, c more_horizontal

Stellus Capital Investment Corporation is experiencing above-average credit losses and may face pressure on its earnings and dividends. The company ha more_horizontal

Stellus Capital Investment Corporation remains a strong choice for passive income investors, with the potential to raise its dividend and profit from more_horizontal

Stellus Capital Investment Corporation (NYSE:SCM ) Q1 2023 Earnings Conference Call May 10, 2023 10:00 AM ET Company Participants Robert Ladd - Chairm more_horizontal

Stellus Capital (SCM) came out with quarterly earnings of $0.45 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0. more_horizontal