Business
Stellus Capital Investment Corporation Reports Results for its Fourth Fiscal Quarter and Year Ended December 31, 2024
Stellus Capital Investment Corporation (NYSE:SCM) ("Stellus", "we", or the "Company") today announced financial results for its fourth fiscal quarter and year ended December 31, 2024.
About this update from Stellus Capital Investment Corporation
[{"type":"text","content":"HOUSTON, March 4, 2025 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) ("Stellus", "we", or the "Company") today announced financial results for its fourth fiscal quarter and year ended December 31, 2024.","length":262,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":191,"url":"https://media.zenfs.com/en/prnewswire.com/1c24c3262fb709665c527185956f383a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/teFX8rnsCldqptNiSvrSUw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTMzNztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/1c24c3262fb709665c527185956f383a","width":400,"height":191}},"href":"https://mma.prnewswire.com/media/416430/Stellus_Capital_Investment_Corporation_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Robert T. Ladd, Chief Executive Officer of Stellus, stated, "I am pleased to report solid operating results for the quarter ended December 31, 2024, in which we earned U.S. GAAP net investment income of $0.35 per share and core net investment income of $0.37 per share. During the quarter, we funded $109 million of investments and received $65 million of repayments, bringing the total portfolio to $953 million at fair value. I'm also pleased to report that our investors have received a total of $288 million in aggregate distributions, equivalent to $16.69 per share, since we began operations."","length":623,"tagName":"p"},{"type":"text","content":"FINANCIAL HIGHLIGHTS($ in millions, except data relating to per share amounts and shares outstanding)","length":102,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.33em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:RIGHT;","val":[{"type":"text","content":"","length":0,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.33em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:RIGHT;","val":[{"type":"text","content":"","length":0,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.33em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:RIGHT;","val":[{"type":"text","content":"","length":0,"tagName":"p","attribs":{}...