Fidus Investment Corporation Declares Quarterly Dividend of $0.39 (FDUS)
Fidus Investment Corporation (NASDAQ:FDUS) announced a quarterly dividend on Friday, November 3rd, Wall Street Journal reports. Investors of record on Wednesday, December 20th will be given a dividend of 0.39 per share by the asset manager on Wednesday, December 27th. This represents a $1.56 dividend on an annualized basis and a yield of 9.52%. The ex-dividend date is Tuesday, December 19th.
Fidus Investment Corporation (FDUS) traded down $0.39 during mid-day trading on Friday, reaching $16.38. The company had a trading volume of 97,749 shares, compared to its average volume of 70,892. The stock has a market capitalization of $401.44 million, a PE ratio of 10.71 and a beta of 1.14.
TRADEMARK VIOLATION WARNING: This piece was first published by American Banking News and is the property of of American Banking News. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international trademark and copyright legislation. The legal version of this piece can be accessed at https://www.americanbankingnews.com/2017/11/03/fidus-investment-corporation-declares-quarterly-dividend-of-0-39-fdus.html.
A number of equities research analysts have recently weighed in on the company. BidaskClub cut Fidus Investment Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. Zacks Investment Research cut Fidus Investment Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Fidus Investment Corporation has a consensus rating of “Hold” and a consensus price target of $17.50.
Fidus Investment Corporation Company Profile
Fidus Investment Corporation is a closed-end, non-diversified investment company. The Company provides customized debt and equity financing solutions to lower middle-market companies. The Company’s investment objective is to provide attractive risk-adjusted returns by generating both current income from its debt investments and capital appreciation from its equity-related investments.
Receive News & Ratings for Fidus Investment Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidus Investment Corporation and related companies with MarketBeat.com's FREE daily email newsletter.