Stellus Capital Investment (NYSE:SCM) reported first-quarter results that included lower net asset value, a modest decline in portfolio size and elevated non-accruals, while management signaled that the company’s dividend is likely to move lower over time to better align with earnings and realized gains.
On a conference call covering the quarter ended March 31, 2026, Chief Executive Officer Robert Ladd said the company would focus on financial results, portfolio quality, the second-quarter outlook, opportunities tied to Ridgepost Capital, its share repurchase program and future portfolio growth.
