SmarterDividends
SCM

Stellus Capital Investment Corporation

SCM

Financial Services · Stock · monthly payer

Forward Yield

16.53%

Annual Dividend

$1.48

Payout Ratio

185%

5-Yr Growth

-6.0%

Ex-Date

Jun 30, 2026

Frequency

Monthly

SCM Dividend Safety Score

46/ 100
Grade D

Risky

Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage185% of earnings paid out
Free-cash-flow coverage139% of free cash flow
Balance-sheet strengthDebt/equity of 1.70
Yield vs its historyYield is 1.5× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is SCM a good dividend stock?

Mixed

Stellus Capital Investment Corporation (SCM) pays a monthly dividend yielding 16.53% ($1.48/yr), with 4 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2021
    • Elevated payout ratio (185%)
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    16.53%
    Payout Ratio
    185%
    Annual Dividend
    $1.48
    5-Yr Avg Growth
    -6.0%
    Ex-Dividend Date
    Jun 30, 2026
    Years of Growth
    4
    Frequency
    monthly
    Beta
    0.63
    Market Cap
    $259.1M
    P/E Ratio
    10.8
    5-Yr Total Return
    -30%
    52-Week Range
    $8.43 – $15.39
    Dividend Safety
    D · 46/100
    Ever Cut?
    Yes (2021)
    SCM ex-dividend date & scheduleNext ex-date Jun 30, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $1.48 / yr per share

    Per payment (monthly)$12.33
    Annual$148.00
    Monthly avg$12.33