Fidus Investment Corp (NASDAQ:FDUS) announced a dividend on Thursday, October 31st, Fidelity reports. Shareholders of record on Friday, December 6th will be paid a dividend of 0.04 per share by the asset manager on Friday, December 20th. The ex-dividend date is Thursday, December 5th.
Shares of FDUS stock traded up $0.09 during trading hours on Tuesday, hitting $16.00. 39,372 shares of the company’s stock were exchanged, compared to its average volume of 75,602. The company has a market capitalization of $390.92 million, a PE ratio of 11.27 and a beta of 1.05. Fidus Investment has a 12-month low of $11.48 and a 12-month high of $16.50. The business’s 50 day simple moving average is $15.10 and its 200-day simple moving average is $15.41.
A number of equities analysts recently commented on FDUS shares. National Securities assumed coverage on shares of Fidus Investment in a research report on Wednesday, October 23rd. They issued a “neutral” rating and a $15.00 target price on the stock. LADENBURG THALM/SH SH cut Fidus Investment from a “buy” rating to a “neutral” rating in a research note on Monday, August 5th. BidaskClub upgraded Fidus Investment from a “sell” rating to a “hold” rating in a report on Friday, November 15th. ValuEngine lowered Fidus Investment from a “hold” rating to a “sell” rating in a research note on Tuesday, September 10th. Finally, Raymond James lowered Fidus Investment from a “strong-buy” rating to an “outperform” rating and lowered their target price for the company from $17.00 to $16.00 in a research note on Friday, October 11th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. Fidus Investment presently has an average rating of “Hold” and an average target price of $16.63.
Fidus Investment Company Profile
Fidus Investment Corporation is a business development company specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans.
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