Welcome to our dedicated page for Fidus Invt news (Ticker: FDUS), a resource for investors and traders seeking the latest updates and insights on Fidus Invt stock.
Fidus Investment Corporation (NASDAQ: FDUS) is a business development company that regularly reports on its activities as a provider of customized debt and equity financing solutions to U.S. lower middle-market companies. The FDUS news stream features company-issued updates that explain how Fidus is executing its strategy of generating current income from debt investments and capital appreciation from equity and equity-related investments.
News items commonly include quarterly and annual financial results, where Fidus discusses total investment income, net investment income, adjusted net investment income and changes in net asset value. These releases also summarize portfolio performance, credit quality commentary and realized gains or losses on investment exits. Management commentary provides additional context on the health of the portfolio, investment pipeline and approach to underwriting and portfolio construction.
Investors following FDUS news will also see announcements about dividends, including base and supplemental dividend declarations, payment dates and record dates, as well as details on the company’s dividend reinvestment plan. Other frequent topics include capital markets activity, such as public offerings of unsecured notes, additional note issuances, and the intended use of proceeds for debt repayment and new investments.
Regulatory filings and press releases highlight financing arrangements like SBA debentures, revolving credit facilities, and a special purpose vehicle credit facility, along with changes to these facilities and redemptions of outstanding notes. Portfolio updates in earnings releases describe new portfolio company investments, follow-on financings and exits of debt and equity positions across a range of industries. For investors, analysts and market participants, the FDUS news page offers a centralized view of how Fidus manages its balance sheet, originates and realizes investments, and distributes income over time.
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.
Fidus Investment Corporation (NASDAQ: FDUS) announced the scheduled release of its second quarter 2022 financial results on August 4, 2022, after market close. A conference call to discuss these results will take place on August 5, 2022, at 9:00 AM ET. The company specializes in providing customized debt and equity financing solutions to lower middle-market companies in the U.S., typically with revenues between $10 million and $150 million. Fidus aims for attractive risk-adjusted returns through debt investments and capital appreciation.
Fidus Investment Corporation (NASDAQ:FDUS) declared a base dividend of $0.36 and a supplemental dividend of $0.07 per share for Q2 2022. For Q1 2022, investment income totaled $20.5 million with net investment income at $10.3 million ($0.42 per share), reflecting a 6.7% decrease year-over-year. The company invested $114.4 million in various securities and reported a net asset value of $486.5 million ($19.91 per share) as of March 31, 2022. Despite some income declines, the company remains optimistic about growth in the lower middle market.
Fidus Investment Corporation (NASDAQ: FDUS) will report its first quarter 2022 financial results on May 5, 2022, after market closure. A conference call to discuss these results is scheduled for May 6, 2022, at 9:00 AM ET. Fidus specializes in customized debt and equity financing solutions for lower middle-market companies, aiming to provide attractive risk-adjusted returns. The company is externally managed and operates as a business development company.
Fidus Investment Corporation (FDUS) declared a base dividend of $0.36 per share and a supplemental dividend of $0.17 for Q1 2022. In its fourth quarter report for 2021, total investment income reached $24.1 million, while net investment income was $2.4 million, or $0.10 per share. Adjusted net investment income was $12.0 million, or $0.49 per share, marking an 11.9% increase year-over-year. The company saw a net increase in net assets of $50.2 million, or $2.06 per share. As of December 31, 2021, NAV stood at $487.8 million, or $19.96 per share.
Fidus Investment Corporation (NASDAQ: FDUS) will report its fourth-quarter 2021 financial results on March 3, 2022, after market close. A conference call is scheduled for March 4, 2022, at 9:00 AM ET to discuss these results. Interested participants can join via phone or watch a live webcast. Fidus specializes in providing debt and equity financing to lower middle-market companies, aiming for attractive risk-adjusted returns. The company is externally managed under the Investment Company Act and has been operational since 2011.
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