Investcorp Credit Management BDC (NASDAQ:ICMB) Releases Earnings Results

Investcorp Credit Management BDC (NASDAQ:ICMB) issued its earnings results on Wednesday. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.04), Yahoo Finance reports. The business had revenue of $5.12 million during the quarter. Investcorp Credit Management BDC had a net margin of 1.28% and a return on equity of 9.60%.

Investcorp Credit Management BDC Price Performance

Shares of NASDAQ ICMB traded up $0.01 during mid-day trading on Friday, hitting $3.15. 23,016 shares of the stock traded hands, compared to its average volume of 33,308. 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 has a twelve month low of $2.98 and a twelve month high of $4.12. The company has a market cap of $45.36 million, a PE ratio of 155.00 and a beta of 1.67. The firm has a 50 day simple moving average of $3.24 and a two-hundred day simple moving average of $3.25.

Investcorp Credit Management BDC Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 6th. Investors of record on Wednesday, October 16th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 15.24%. The ex-dividend date is Wednesday, October 16th. Investcorp Credit Management BDC’s dividend payout ratio (DPR) is 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.