Stellus Capital Declares Third Quarter Dividend of $0.25 Per Share

The board of directors finalized the dividend schedule following their July 16 meeting. Shareholders on record by the end of July, August, and September will receive the respective payments on August 14, September 15, and October 15. This consistency reflects the company’s ongoing strategy of providing current income to its investors through its closed-end, non-diversified structure.

Stellus Capital operates as a business development company under the Investment Company Act of 1940. Managed by Stellus Capital Management—an entity indirectly controlled by Ridgepost Capital—the firm targets private middle-market companies. Their typical investment profile focuses on businesses generating between $5 million and $50 million in EBITDA, primarily through first lien and unitranche loans.