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|Cash Dividend On The Way From Stellus Capital Investment (SCM)
Tuesday, September 25, 11:02 AM ET, by Market News Video Staff
On 9/27/18, Stellus Capital Investment Corporation (SCM) will trade ex-dividend, for its monthly dividend of ...
Stellus Capital Investment is Oversold
Thursday, October 11, 4:14 PM ET, by Market News Video Staff
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...
SCM Crosses Below Key Moving Average Level
Friday, October 19, 4:24 PM ET, by Market News Video Staff
In trading on Friday, shares of Stellus Capital Investment Corporation (SCM) crossed below their 200 ...
Ex-Div Reminder for Stellus Capital Investment (SCM)
Friday, October 26, 10:03 AM ET, by Market News Video Staff
On 10/30/18, Stellus Capital Investment Corporation (SCM) will trade ex-dividend, for its monthly dividend of ...
Stellus Capital Investment Breaks Below 200-Day Moving Average - Notable for SCM
Monday, November 12, 4:25 PM ET, by Market News Video Staff
In trading on Monday, shares of Stellus Capital Investment Corporation (SCM) crossed below their 200 ...
Relative Strength Alert For Stellus Capital Investment
By Dividend Channel Staff, Monday, August 12, 4:00 PM ET
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Stellus Capital Investment Corporation (NYSE:SCM) presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
But making Stellus Capital Investment Corporation an even more interesting and timely stock to look at, is the fact that in trading on Monday, shares of SCM entered into oversold territory, changing hands as low as $13.02 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In the case of Stellus Capital Investment Corporation, the RSI reading has hit 28.2 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 44.4. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. Indeed, SCM's recent annualized dividend of 1.3596/share (currently paid in monthly installments) works out to an annual yield of 9.77% based upon the recent $13.92 share price.
A bullish investor could look at SCM's 28.2 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on SCM is its dividend history.
In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue.
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