Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB – Get Free Report) declared a quarterly dividend on Wednesday, September 25th, Zacks reports. Stockholders of record on Wednesday, October 16th will be given a dividend of 0.12 per share on Wednesday, November 6th. This represents a $0.48 annualized dividend and a dividend yield of 15.14%. The ex-dividend date of this dividend is Wednesday, October 16th.
Investcorp Credit Management BDC has decreased its dividend by an average of 13.0% annually over the last three years. Investcorp Credit Management BDC has a payout ratio of 96.0% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline.
Investcorp Credit Management BDC Trading Up 0.6 %
NASDAQ:ICMB opened at $3.17 on Friday. The firm has a market capitalization of $45.65 million, a P/E ratio of 158.50 and a beta of 1.67. The business has a 50 day simple moving average of $3.24 and a 200 day simple moving average of $3.25. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.64 and a quick ratio of 1.64. Investcorp Credit Management BDC has a 12-month low of $2.98 and a 12-month high of $4.12.
Investcorp Credit Management BDC Company Profile
Investcorp Credit Management BDC, Inc is a business development company specializing in loan, mezzanine, middle market, growth capital, acquisitions, market/product expansion, organic growth, refinancings and recapitalization investments. It also selectively invests in mezzanine loans/structured equity and in the equity of portfolio companies through warrants and other instruments, in most cases taking such upside participation interests as part of a broader investment relationship.
Further Reading
- Five stocks we like better than Investcorp Credit Management BDC
- P/E Ratio Calculation: How to Assess Stocks
- MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy?
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- What Intuitive Machines’ Big NASA Contract Means for Investors
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- REITs on the Rise After Rate Cuts: Where to Invest Now
Receive News & Ratings for Investcorp Credit Management BDC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Investcorp Credit Management BDC and related companies with MarketBeat.com's FREE daily email newsletter.