International Assets Investment Management LLC Purchases 128,006 Shares of Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB)

International Assets Investment Management LLC raised its position in Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) by 255.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 178,106 shares of the company’s stock after buying an additional 128,006 shares during the quarter. International Assets Investment Management LLC’s holdings in Investcorp Credit Management BDC were worth $633,000 at the end of the most recent reporting period.

Investcorp Credit Management BDC Stock Performance

Shares of ICMB opened at $3.18 on Thursday. The firm has a market cap of $45.79 million, a PE ratio of -13.83 and a beta of 1.66. Investcorp Credit Management BDC, Inc. has a 1 year low of $2.98 and a 1 year high of $4.50. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.46 and a quick ratio of 1.46. The stock’s fifty day moving average price is $3.25 and its two-hundred day moving average price is $3.44.

Investcorp Credit Management BDC (NASDAQ:ICMB) last announced its quarterly earnings results on Monday, February 12th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.02. The company had revenue of $6.24 million during the quarter, compared to analysts’ expectations of $5.94 million. Investcorp Credit Management BDC had a positive return on equity of 9.90% and a negative net margin of 12.39%. On average, equities research analysts forecast that Investcorp Credit Management BDC, Inc. will post 0.47 EPS for the current year.

Investcorp Credit Management BDC Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 5th. Stockholders of record on Friday, March 15th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 18.87%. The ex-dividend date was Thursday, March 14th. Investcorp Credit Management BDC’s dividend payout ratio (DPR) is presently -208.70%.

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.