Robert Ladd, CEO of Stellus, stated, “I am pleased to report strong operating results for the quarter ended June 30, 2023, in which U.S. GAAP net investment income of $0.49 per share and Core net investment income of $0.51 per share covered the regular dividend of $0.40 per share. Our portfolio grew by a net $4 million to $881 million at fair value and the loan portfolio is currently yielding 11.4%, on average.”
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