Investcorp Credit Management BDC - ICMB Stock Forecast, Price & News

Investcorp Credit Management BDC's stock was trading at $4.95 at the start of the year. Since then, ICMB shares have decreased by 26.5% and is now trading at $3.64.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our ICMB earnings forecast.

Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) issued its quarterly earnings data on Tuesday, September, 6th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.02. Investcorp Credit Management BDC had a net margin of 10.59% and a trailing twelve-month return on equity of 9.02%. During the same period in the prior year, the company earned $0.10 EPS.

Investcorp Credit Management BDC declared a quarterly dividend on Thursday, August 25th. Shareholders of record on Friday, September 23rd will be paid a dividend of $0.15 per share on Friday, October 14th. This represents a $0.60 annualized dividend and a yield of 16.48%. The ex-dividend date of this dividend is Thursday, September 22nd.
Read our dividend analysis for ICMB.

Investcorp Credit Management BDC (NASDAQ:ICMB) pays an annual dividend of $0.60 per share and currently has a dividend yield of 15.94%. ICMB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 333.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ICMB will have a dividend payout ratio of 101.69% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for ICMB.

Based on aggregate information from My MarketBeat watchlists, some companies that other Investcorp Credit Management BDC investors own include Annaly Capital Management (NLY), Oxford Lane Capital (OXLC), Energy Transfer (ET), NGL Energy Partners (NGL), Walt Disney (DIS), Enterprise Products Partners (EPD), Orchid Island Capital (ORC), AT&T (T), AGNC Investment (AGNC) and ARMOUR Residential REIT (ARR).

Investcorp Credit Management BDC trades on the NASDAQ under the ticker symbol "ICMB."

Investcorp Credit Management BDC's stock is owned by a number of retail and institutional investors. Top institutional investors include LPL Financial LLC (0.63%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Bdc Holdings Ltd Investcorp, Cyrus Capital Partners, LP, Keith Lee, Lee Michael Shaiman, Michael Mauer, Rocco Delguercio and Thomas J Sullivan.
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Shares of ICMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ICMB stock can currently be purchased for approximately $3.64.

Investcorp Credit Management BDC (NASDAQ:ICMB) has a market capitalization of $52.38 million and generates $24.43 million in revenue each year. The company earns $2.59 million in net income (profit) each year or $0.18 on an earnings per share basis.

The company employs 2,019 workers across the globe.

Investcorp Credit Management BDC's mailing address is 280 Park Avenue 39th Floor, New York NY, 10017. The official website for the company is www.cmfn-inc.com. The company can be reached via phone at (212) 257-5199 or via email at icmbinvestorrelations@investcorp.com.