Joseph C. Lewis Acquires 2,800 Shares of Callidus Capital Co. (CBL) Stock

Callidus Capital Co. (TSE:CBL) insider Joseph C. Lewis bought 2,800 shares of Callidus Capital stock in a transaction on Wednesday, November 29th. The stock was acquired at an average cost of C$10.22 per share, for a total transaction of C$28,616.00.

Shares of Callidus Capital Co. (CBL) traded up C$0.05 during mid-day trading on Friday, hitting C$10.19. The company’s stock had a trading volume of 39,934 shares, compared to its average volume of 58,097. Callidus Capital Co. has a 52-week low of C$9.30 and a 52-week high of C$20.89.

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

CBL has been the topic of a number of research analyst reports. National Bank Financial reduced their target price on Callidus Capital from C$11.00 to C$10.00 and set a “sector perform” rating on the stock in a report on Wednesday, November 15th. Canaccord Genuity reduced their target price on Callidus Capital from C$13.50 to C$11.50 in a report on Monday, August 14th.

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About Callidus Capital

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)

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