Investcorp Credit Management BDC (NASDAQ:ICMB – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.04), Yahoo Finance reports. The firm had revenue of $5.12 million during the quarter. Investcorp Credit Management BDC had a return on equity of 9.60% and a net margin of 1.28%.
Investcorp Credit Management BDC Trading Down 0.3 %
Shares of NASDAQ:ICMB traded down $0.01 during trading on Friday, reaching $3.13. 43,062 shares of the company were exchanged, compared to its average volume of 33,415. The firm has a market capitalization of $45.08 million, a PE ratio of 156.50 and a beta of 1.67. The business’s fifty day simple moving average is $3.24 and its 200-day simple moving average is $3.25. Investcorp Credit Management BDC has a 12-month low of $2.98 and a 12-month high of $4.12. 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 Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Wednesday, October 16th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 15.34%. The ex-dividend date is Wednesday, October 16th. Investcorp Credit Management BDC’s dividend payout ratio (DPR) is presently 2,400.00%.
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.
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