Stellus Capital Investment (SCM) Tops Q4 EPS by 6c

Stellus Capital Investment (NYSE: SCM) reported Q4 EPS of $0.42, $0.06 better than the analyst estimate of $0.36.

"Upon completion of our sixth full year of operations, we are pleased to report that our shareholders have received dividends in excess of $112 million since inception. During 2018, we increased net asset value by $0.28 per share and recorded both core net investment income and regular net investment income of $1.42 per share as compared to dividends of $1.36 per share. Realized gains plus core net investment income were $1.75 per share. Approximately 27% of 2018 dividends paid were classified as long term capital gains on our shareholders' Form 1099. For the fourth quarter, core net investment income was $0.42 per share, substantially covering fourth quarter dividends of $0.34 per share," said Robert T. Ladd, the Company's Chief Executive Officer.

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

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