Investcorp Credit Management BDC (ICMB) Scheduled to Post Quarterly Earnings on Tuesday

Investcorp Credit Management BDC (NASDAQ:ICMB) is set to post its quarterly earnings results after the market closes on Tuesday, November 12th. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Investcorp Credit Management BDC (NASDAQ:ICMB) last released its earnings results on Wednesday, September 25th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.04). The company had revenue of $5.12 million during 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 Stock Performance

NASDAQ:ICMB opened at $2.95 on Friday. The company has a market cap of $42.48 million, a P/E ratio of -11.80 and a beta of 1.67. The firm’s 50 day moving average is $3.13 and its two-hundred day moving average is $3.23. Investcorp Credit Management BDC has a fifty-two week low of $2.91 and a fifty-two week high of $3.96. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.42.

Investcorp Credit Management BDC Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Wednesday, October 16th were issued a $0.12 dividend. The ex-dividend date was Wednesday, October 16th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 16.27%. Investcorp Credit Management BDC’s dividend payout ratio (DPR) is -192.00%.

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.