International Assets Investment Management LLC Has $318,000 Position in Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB)

International Assets Investment Management LLC increased its position in Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) by 213.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 101,569 shares of the company’s stock after buying an additional 69,119 shares during the quarter. International Assets Investment Management LLC’s holdings in Investcorp Credit Management BDC were worth $318,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Investcorp Credit Management BDC Stock Performance

NASDAQ:ICMB opened at $2.97 on Thursday. The company has a market capitalization of $42.78 million, a PE ratio of -11.88 and a beta of 1.67. The company has a 50 day simple moving average of $3.14 and a two-hundred day simple moving average of $3.23. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.64 and a current ratio of 0.64. Investcorp Credit Management BDC, Inc. has a fifty-two week low of $2.91 and a fifty-two week high of $3.96.

Investcorp Credit Management BDC (NASDAQ:ICMB) last released its earnings results on Wednesday, September 25th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.04). The firm had revenue of $5.12 million for the quarter. Investcorp Credit Management BDC had a negative net margin of 15.46% and a positive return on equity of 8.87%.

Investcorp Credit Management BDC Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Wednesday, October 16th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 16.16%. The ex-dividend date was Wednesday, October 16th. Investcorp Credit Management BDC’s dividend payout ratio is presently -192.00%.

Investcorp Credit Management BDC 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.