Insider Buying: Callidus Capital Corp (CBL) Insider Acquires 1,900 Shares of Stock

Callidus Capital Corp (TSE:CBL) insider Joseph C. Lewis purchased 1,900 shares of the stock in a transaction dated Wednesday, January 17th. The shares were bought at an average cost of C$10.11 per share, for a total transaction of C$19,209.00.

Shares of Callidus Capital Corp (CBL) traded down C$0.01 during midday trading on Monday, reaching C$10.00. 14,847 shares of the company were exchanged, compared to its average volume of 23,173. The firm has a market cap of $506.50, a PE ratio of -4.74 and a beta of 1.69. Callidus Capital Corp has a 12-month low of C$9.30 and a 12-month high of C$20.00.

Callidus Capital (TSE:CBL) last issued its quarterly earnings data on Monday, November 13th. The company reported C($0.23) EPS for the quarter, missing the Zacks’ consensus estimate of C$0.22 by C($0.45). Callidus Capital had a negative net margin of 26.65% and a negative return on equity of 18.91%.

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, February 20th. Investors of record on Wednesday, January 31st will be paid a $0.101 dividend. This represents a $1.21 dividend on an annualized basis and a yield of 12.12%. This is a boost from Callidus Capital’s previous monthly dividend of $0.10. The ex-dividend date of this dividend is Tuesday, January 30th. Callidus Capital’s dividend payout ratio is presently -52.13%.

Separately, National Bank Financial lowered their price objective on shares of Callidus Capital from C$11.00 to C$10.00 and set a “sector perform” rating on the stock in a research note on Wednesday, November 15th.

ILLEGAL ACTIVITY WARNING: “Insider Buying: Callidus Capital Corp (CBL) Insider Acquires 1,900 Shares of Stock” was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this news story on another domain, it was copied illegally and reposted in violation of US and international copyright legislation. The original version of this news story can be viewed at

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)

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

Leave a Reply