Keefe, Bruyette & Woods analyst Paul Johnson has adjusted the outlook for Stellus Cap Investment, maintaining a Market Perform rating while reducing the price target. The firm lowered its target to $8 from the previous $9.

Rating and Target Details

The revision reflects a reassessment of the stock's valuation potential by the analyst. Despite the lower price target, the Market Perform rating suggests the stock is expected to perform largely in line with the broader market.

Stellus Private Credit BDC announced that its Board of Trustees has declared a regular dividend of $0.31 per share for the third quarter of 2026. The dividend will be paid in monthly increments of $0.1033 in July, August, and September to shareholders of record in those respective months. The announcement was made on July 16, 2026.

Dividend Schedule

The company outlined the specific dates for the monthly dividend payments. The first installment of $0.1033 is payable on July 31, 2026, to shareholders of record on July 17, 2026. The second installment of $0.1033 is payable on August 31, 2026, to shareholders of record on August 3, 2026. The third and final installment of $0.1033 is payable on September 30, 2026, to shareholders of record on September 1, 2026.

Company Overview

Stellus Private Credit BDC is an externally-managed, closed-end, non-diversified investment management company regulated as a business development company under the Investment Company Act of 1940. The company aims to maximize total return through current income and capital appreciation by investing primarily in private middle-market companies, typically those with $5.0 million to $50.0 million of EBITDA. Its investment activities are managed by Stellus Private BDC Advisor, LLC, an SEC-registered investment adviser indirectly controlled by Ridgepost Capital, Inc.