Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC lessened its position in shares of Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) by 72.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 27,750 shares of the company’s stock after selling 73,819 shares during the quarter. International Assets Investment Management LLC owned about 0.19% of Investcorp Credit Management BDC worth $85,000 at the end of the most recent reporting period.

Investcorp Credit Management BDC Stock Performance

Shares of Investcorp Credit Management BDC stock opened at $3.05 on Wednesday. The stock has a 50 day moving average of $3.11 and a 200 day moving average of $3.18. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market capitalization of $43.94 million, a price-to-earnings ratio of 9.24 and a beta of 1.66. Investcorp Credit Management BDC, Inc. has a fifty-two week low of $2.91 and a fifty-two week high of $3.77.

Investcorp Credit Management BDC Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Friday, December 20th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 15.74%. The ex-dividend date was Friday, December 20th. Investcorp Credit Management BDC’s payout ratio is 145.45%.

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.