Fidus Investment Corp (NASDAQ:FDUS) announced a quarterly dividend on Wednesday, February 14th, Wall Street Journal reports. Stockholders of record on Friday, March 9th will be given a dividend of 0.39 per share by the asset manager on Friday, March 23rd. This represents a $1.56 annualized dividend and a dividend yield of 11.26%. The ex-dividend date is Thursday, March 8th.
Fidus Investment (FDUS) traded up $0.04 during midday trading on Wednesday, hitting $13.86. The stock had a trading volume of 61,400 shares, compared to its average volume of 122,211. The firm has a market cap of $338.66, a P/E ratio of 7.00 and a beta of 0.99. Fidus Investment has a 12 month low of $13.18 and a 12 month high of $18.21.
FDUS has been the subject of several recent analyst reports. Zacks Investment Research downgraded Fidus Investment from a “hold” rating to a “sell” rating in a report on Monday, November 6th. BidaskClub downgraded Fidus Investment from a “sell” rating to a “strong sell” rating in a report on Saturday, December 9th.
About Fidus Investment
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.
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