Fidus Invt Corp Stock Price, News & Analysis

Fidus Investment Corporation (NASDAQ: FDUS) announced it will report its first quarter 2023 financial results on May 4, 2023, after market close. A conference call to discuss these results is scheduled for May 5, 2023, at 9:00 AM ET. Interested participants can join the call by dialing in or via live webcast available on the company’s investor relations website. Fidus specializes in providing tailored debt and equity financing solutions to lower middle-market companies, typically with revenues between $10 million and $150 million. The company aims for attractive risk-adjusted returns, focusing on income from debt investments and potential capital appreciation from equity investments. Fidus operates as a business development company under the Investment Company Act of 1940.

Fidus Investment Corporation (NASDAQ:FDUS) announced a total dividend of $0.66 per share for Q1 2023, increasing the base dividend to $0.41 per share, indicating improved earnings power. For Q4 2022, total investment income rose to $27.5 million, with net investment income reaching $12.5 million or $0.51 per share. For the full year, total investment income was $94.1 million, net investment income increased by 85.3% to $46.5 million, and the company paid total dividends of $2.00 per share. As of December 31, 2022, net asset value was $480.3 million, or $19.43 per share.

Fidus Investment Corporation (NASDAQ: FDUS) will report its fourth quarter 2022 financial results on March 2, 2023, after market close. A conference call is scheduled for March 3, 2023, at 9:00 AM ET, where management will discuss the results. Interested parties can access the call by dialing in or through a live webcast available on their investor relations website. Fidus provides customized debt and equity financing to U.S. lower middle-market companies. They aim for attractive risk-adjusted returns through current income and capital appreciation from their investments.

Fidus Investment Corporation (NASDAQ:FDUS) announced on February 15, 2023, the declaration of a total dividend of $0.66 per share, comprising a base dividend of $0.41, a supplemental dividend of $0.15, and a special dividend of $0.10. These dividends will be payable on March 29, 2023, to stockholders on record as of March 22, 2023. The company reviews taxable income estimates for dividends, considering factors like unrealized appreciation and income recognition discrepancies. Fidus offers a Dividend Reinvestment Plan (DRIP) for stockholders, allowing cash dividends to be reinvested automatically unless opted out.

Fidus Investment Corporation (NASDAQ: FDUS) has announced a deemed distribution of $1.65 per share for shareholders of record as of December 31, 2022, totaling $40,800,850. Additionally, 2022 dividends include $2.00 per share, with 40.64% long-term capital gains, 55.65% ordinary income, and 3.71% qualified dividends. Long-term capital gains and qualified dividends may qualify for favorable treatment under U.S. tax law, generally subject to a maximum 20% federal income tax rate. These distributions aim to support the company's strategy of reinvesting in income-producing debt assets for future growth.

Fidus Investment Corporation (NASDAQ:FDUS) reported strong third-quarter results for 2022, with total investment income reaching $25.0 million. Net investment income surged to $12.7 million or $0.52 per share, marking a 148.5% increase year-over-year. The company declared a base dividend of $0.36 and supplemental dividend of $0.15 for Q4 2022. Additionally, a special dividend of $0.10 per share was approved. As of September 30, 2022, net asset value stood at $474.4 million, or $19.41 per share, reflecting stable portfolio growth and investment performance.

Fidus Investment Corporation (NASDAQ: FDUS) will report its Q3 2022 financial results on November 3, 2022, post-market. A conference call is scheduled for November 4, 2022, at 9:00 AM ET to discuss these results. The call can be accessed by dialing (646) 307-1963, with a live webcast available on the company’s investor relations website. Fidus provides customized debt and equity financing solutions primarily to lower middle-market companies, aiming for attractive risk-adjusted returns through both current income and capital appreciation.

Fidus Investment Corporation (NASDAQ:FDUS) announced its Q2 2022 results, reporting total investment income of $21.2 million and net investment income of $11.0 million ($0.45 per share). The board declared a base dividend of $0.36 and a supplemental dividend of $0.07 for Q3 and Q4 2022. The company invested $45.7 million in new securities, while experiencing net realized gains of $18.2 million. The NAV stood at $484.0 million ($19.80 per share) as of June 30, 2022, with estimated spillover income of $57.9 million ($2.37 per share). A conference call is scheduled for August 5, 2022.