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Stellus Capital Investment Corp (NYSE:SCM) declared a monthly dividend on Wednesday, July 9th, Analyst Ratings Net reports. Investors of record on Tuesday, September 30th will be given a dividend of 0.1133 per share on Wednesday, October 15th. This represents a $1.36 dividend on an annualized basis and a yield of 9.40%. The ex-dividend date of this dividend is Friday, September 26th.

A number of research firms have recently commented on SCM. Analysts at Robert W. Baird downgraded shares of Stellus Capital Investment Corp from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 4th. They now have a $14.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Keefe, Bruyette & Woods cut their price target on shares of Stellus Capital Investment Corp from $15.50 to $15.00 in a research note on Monday, May 12th. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $14.92.

Shares of Stellus Capital Investment Corp (NYSE:SCM) traded up 0.84% on Wednesday, hitting $14.47. 29,234 shares of the company’s stock traded hands. Stellus Capital Investment Corp has a 52 week low of $13.04 and a 52 week high of $15.5531. The stock has a 50-day moving average of $14.22 and a 200-day moving average of $14.30.

Stellus Capital Investment Corp (NYSE:SCM) last released its earnings data on Monday, May 12th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.02. Analysts expect that Stellus Capital Investment Corp will post $1.35 EPS for the current fiscal year.

Stellus Capital Investment Corporation is an externally managed, closed-end, non-diversified management investment company.

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