Callidus Capital Corp Plans Monthly Dividend of $0.10 (TSE:CBL)
Callidus Capital Corp (TSE:CBL) declared a monthly dividend on Tuesday, July 18th, Zacks reports. Stockholders of record on Monday, July 31st will be paid a dividend of 0.10 per share on Friday, August 18th. This represents a $1.20 annualized dividend and a dividend yield of 8.22%. The ex-dividend date of this dividend is Thursday, July 27th.
Callidus Capital Corp (CBL) opened at 14.60 on Wednesday. The stock’s market capitalization is $738.69 million. Callidus Capital Corp has a one year low of $13.05 and a one year high of $20.89. The stock’s 50 day moving average is $15.04 and its 200 day moving average is $17.17.
Separately, Canaccord Genuity lowered their target price on Callidus Capital Corp from C$17.50 to C$15.00 and set a “hold” rating on the stock in a research note on Friday, May 5th.
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About Callidus Capital Corp
Callidus Capital Corporation (Callidus) is a Canada-based company, which is engaged in providing financing solutions for companies that are unable to obtain financing from lending institutions. The Company operates a finance business that provides senior secured asset-based loans and lending services to mid-market companies operating in Canada and the United States.
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