Stellus Cash Expense Corporation Announces $.40 3rd Quarter 2023 Regular Dividend, Payable Month-to-month in Increments of $.1333 in August, September, and Oct 2023

HOUSTON, July 17, 2023 /PRNewswire/ — Stellus Funds Expenditure Company (the “Company”) (NYSE: SCM) announced that its Board of Administrators has declared a month-to-month dividend of $.1333 for every of July, August, and September, totaling $.40 for every share in the aggregate for the third quarter of 2023. The regular dividend of $.40 for each share will be paid out to shareholders of record in August, September, and Oct 2023.

Summary of Third Quarter 2023 Standard Month-to-month Dividends

About Stellus Capital Expense Corporation

The Company is an externally-managed, shut-conclude, non-diversified investment management organization that has elected to be regulated as a organization progress organization below the Financial investment Business Act of 1940. The Firm’s investment aim is to improve the whole return to its stockholders in the type of existing money and cash appreciation by investing mostly in non-public center-marketplace companies (commonly those people with $5. million to $50. million of EBITDA (earnings ahead of interest, taxes, depreciation and amortization)) through first lien, 2nd lien, unitranche and mezzanine personal debt funding, and corresponding fairness investments. The Company’s financial commitment activities are managed by its financial investment adviser, Stellus Money Management. To understand far more about Stellus Cash Expense Corporation, visit www.stelluscapital.com less than the “Community (SCIC)” hyperlink.

Forward-Hunting STATEMENTS

Statements bundled herein might contain “forward-looking statements” which relate to potential general performance or money problem. Statements other than statements of historical facts involved in this push launch might constitute ahead-searching statements and are not assures of potential efficiency or results and include a quantity of assumptions, challenges and uncertainties, which adjust more than time. Real outcomes may well differ materially from people anticipated in any ahead-seeking statements as a result of a selection of variables, including these described from time to time in filings by the Enterprise with the Securities and Exchange Fee which include the final prospectus that will be submitted with the Securities and Trade Fee. The Business undertakes no responsibility to update any forward-wanting assertion made herein. All ahead-hunting statements communicate only as of the day of this push release.

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Contacts
Stellus Money Investment decision Company
W. Todd Huskinson, (713) 292-5414
Chief Financial Officer
[email protected]

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Source Stellus Cash Financial commitment Corporation