International Assets Investment Management LLC Has $633,000 Stock Position in Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB)

International Assets Investment Management LLC grew its stake in shares of Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) by 255.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 178,106 shares of the company’s stock after purchasing an additional 128,006 shares during the quarter. International Assets Investment Management LLC owned about 1.24% of Investcorp Credit Management BDC worth $633,000 at the end of the most recent quarter.

Investcorp Credit Management BDC Stock Performance

Shares of NASDAQ ICMB opened at $3.18 on Thursday. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 1.70. Investcorp Credit Management BDC, Inc. has a 12 month low of $2.98 and a 12 month high of $4.50. The stock has a 50 day moving average of $3.25 and a 200-day moving average of $3.44. The company has a market capitalization of $45.79 million, a P/E ratio of -13.83 and a beta of 1.66.

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

Investcorp Credit Management BDC Dividend Announcement

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

Investcorp Credit Management BDC 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.