InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) Posts Quarterly Earnings Results
InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) issued its earnings results on Tuesday. The company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.04), Fidelity Earnings reports. InvestcorpCreditManagementBDCInc . had a positive return on equity of 11.75% and a negative net margin of 13.35%. The company had revenue of $8.12 million for the quarter, compared to analysts’ expectations of $8.86 million.
InvestcorpCreditManagementBDCInc . stock opened at $6.88 on Thursday. InvestcorpCreditManagementBDCInc . has a 52 week low of $5.58 and a 52 week high of $9.35. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.16 and a current ratio of 0.16. The stock has a market capitalization of $94.93 million, a P/E ratio of 4.95 and a beta of 1.29.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 16th. Investors of record on Thursday, September 26th will be given a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, September 25th. This represents a $1.00 annualized dividend and a dividend yield of 14.53%. InvestcorpCreditManagementBDCInc .’s dividend payout ratio is presently 71.94%.
CM Finance Inc is a business development company specializing in loan, mezzanine, middle market, growth capital, and recapitalization investments. The fund typically invests in United States and Europe. Within United States, the fund seeks to invest in Midatlantic, Midwest, Northeast, Southeast, and West Coast regions.
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