Callidus Capital Co. (TSE:CBL) insider Joseph C. Lewis acquired 2,800 shares of Callidus Capital stock in a transaction dated Friday, December 1st. The shares were purchased at an average cost of C$10.25 per share, with a total value of C$28,700.00.

Shares of Callidus Capital Co. (CBL) traded up C$0.05 during midday trading on Friday, reaching C$10.19. The company had a trading volume of 39,934 shares, compared to its average volume of 58,097. Callidus Capital Co. has a 1 year low of C$9.30 and a 1 year high of C$20.89.

The business also recently declared a monthly dividend, which will be paid on Wednesday, December 20th. Investors of record on Thursday, November 30th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $1.20 annualized dividend and a yield of 11.78%. Callidus Capital’s dividend payout ratio (DPR) is presently -52.13%.

Several research analysts have recently weighed in on CBL shares. National Bank Financial cut Callidus Capital from an “outperform” rating to a “sector perform” rating and reduced their price objective for the stock from C$18.00 to C$11.00 in a research report on Friday, August 11th. Canaccord Genuity reduced their price objective on Callidus Capital from C$13.50 to C$11.50 in a research report on Monday, August 14th.

TRADEMARK VIOLATION NOTICE: This article was first published by American Banking News and is the property of of American Banking News. If you are accessing this article on another publication, it was illegally stolen and republished in violation of US and international trademark and copyright legislation. The original version of this article can be viewed at https://www.americanbankingnews.com/2017/12/01/insider-buying-callidus-capital-co-cbl-insider-purchases-2800-shares-of-stock.html.

Callidus Capital Company Profile

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.

Insider Buying and Selling by Quarter for Callidus Capital (TSE:CBL)

Receive News & Ratings for Callidus Capital Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Callidus Capital Co. and related companies with MarketBeat.com's FREE daily email newsletter.