Stellus Capital Investment Corporation Declares Second Quarter 2020 Regular Dividend of $0.25 Per Share
HOUSTON , July 1, 2020 |PRNewswire| -- Stellus Capital Investment Corporation (the "Company") (NYSE: SCM ) announced that yesterday its Board of Directors has declared a regular quarterly dividend for the second quarter of 2020 of $0.25 per share. As previously reported, the Company has changed the frequency of dividend payments from monthly to quarterly. "In light of the lower interest rate environment the Company is experiencing, we believe a dividend of $0.25 per share is appropriate for the second quarter. For the third quarter of 2020, we expect to declare the dividend by September 30th ", said Robert T. Ladd , Chief Executive Officer of the Company. … Full story available on Benzinga.com
Stellus Capital Investment Corporation Declares Second Quarter 2020 Regular Dividend of $0.25 Per Share
HOUSTON , July 1, 2020 |PRNewswire| -- Stellus Capital Investment Corporation (the "Company") (NYSE: SCM ) announced that yesterday its Board of Directors has declared a regular quarterly dividend for the second quarter of 2020 of $0.25 per share. As previously reported, the Company has changed the frequency of dividend payments from monthly to quarterly. "In light of the lower interest rate environment the Company is experiencing, we believe a dividend of $0.25 per share is appropriate for the second quarter. For the third quarter of 2020, we expect to declare the dividend by September 30th ", said Robert T. Ladd , Chief Executive Officer of the Company. … Full story available on Benzinga.com