Stellus Capital: 12% Yield, Monthly Payer, Reasonable Valuation
SCMStellus Capital Investment (SCM) Seeking Alpha·2024-08-23 09:14
Henrik SorensenStellus Capital Investment Corporation (NYSE:SCM) offers passive income investors a very well-covered 12% dividend yield that is paid on a monthly installment basis. The business development company has had a fairly stable dividend pay-out ratio in the last twelve months, and Stellus Capital Investment originated a solid amount of new investments in the last quarter. SCM is paying passive income investors a robust yield and though the BDC has seen an increase in its non-accrual ratio in t ...