Fidus Investment Corp Announces Quarterly Dividend of $0.38 (FDUS)
Fidus Investment Corp (NASDAQ:FDUS) announced a quarterly dividend on Friday, August 8th, StockRatingsNetwork.com reports. Investors of record on Friday, September 12th will be paid a dividend of 0.38 per share on Friday, September 26th. This represents a $1.52 annualized dividend and a dividend yield of 8.26%. The ex-dividend date is Wednesday, September 10th.
A number of research firms have recently commented on FDUS. Analysts at TheStreet upgraded shares of Fidus Investment Corp from a “hold” rating to a “buy” rating in a research note on Tuesday, June 10th. Finally, analysts at Raymond James cut their price target on shares of Fidus Investment Corp from $22.00 to $21.00 in a research note on Monday, May 12th.
Shares of Fidus Investment Corp (NASDAQ:FDUS) traded up 2.85% on Friday, hitting $18.41. 116,843 shares of the company’s stock traded hands. Fidus Investment Corp has a 52 week low of $16.07 and a 52 week high of $22.50. The stock’s 50-day moving average is $19.11 and its 200-day moving average is $19.32.
Fidus Investment Corp (NASDAQ:FDUS) last released its earnings data on Thursday, August 7th. The company reported $0.40 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.40. Analysts expect that Fidus Investment Corp will post $1.61 EPS for the current fiscal year.
Fidus Investment Corporation provides customized mezzanine debt and equity financing solutions to lower middle-market companies.
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