Stellus Capital Investment Corporation Reports Results for its Fourth Fiscal Quarter and Year Ended December 31, 2020
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HOUSTON, March 4, 2021 /PRNewswire/ Stellus Capital Investment Corporation (NYSE:SCM) ( Stellus or the Company ) today announced financial results for its fourth fiscal quarter and year ended December 31, 2020.
In describing the Company s 2020 activities, Robert T. Ladd, Chairman and Chief Executive Officer of the Company, stated, I am pleased to report that our portfolio has performed well throughout the unprecedented pandemic and that our net asset value has risen back above $14.00 per share. As we have just completed our eighth full year of operations, our shareholders have received $10.99 per share of dividends life-to-date. During 2020, we paid dividends of $1.15 per share and significantly improved our liquidity and available capital position through the upsize and extension of our bank facility t