Stellus Capital Investment (SCM) Tops Q2 EPS by 4c

Stellus Capital Investment (NYSE: SCM) reported Q2 EPS of $0.28, $0.04 better than the analyst estimate of $0.24.

"The second quarter brought very positive results for the Company: net investment income of $0.28 per share exceeded distributions of $0.25 per share, net asset value increased by 15%, or $1.79 per share, and liquidity and access to funding exceeded $45 million. Given the stabilization of asset quality, capital base and liquidity, the Company is declaring a regular dividend of $0.25 per share for the third quarter," reported Robert T. Ladd, Chief Executive Officer of Stellus Capital Investment Corporation.

For earnings history and earnings-related data on Stellus Capital Investment (SCM) click here.

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