InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) issued its earnings results on Tuesday. The company reported $0.22 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.04), Fidelity Earnings reports. InvestcorpCreditManagementBDCInc . had a negative net margin of 42.28% and a positive return on equity of 8.48%. The firm had revenue of $8.12 million during the quarter, compared to analyst estimates of $8.86 million.
InvestcorpCreditManagementBDCInc . stock opened at $6.80 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.16 and a quick ratio of 0.16. InvestcorpCreditManagementBDCInc . has a 12-month low of $5.58 and a 12-month high of $9.35. The stock has a market capitalization of $93.29 million, a P/E ratio of 6.87 and a beta of 1.29.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 16th. Investors of record on Thursday, September 26th will be issued a $0.25 dividend. The ex-dividend date is Wednesday, September 25th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 14.71%. InvestcorpCreditManagementBDCInc .’s dividend payout ratio is 101.01%.
About InvestcorpCreditManagementBDCInc .
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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