Fidus Invt Corp Stock Price, News & Analysis

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.

Fidus Investment Corporation (NASDAQ:FDUS) announced a total dividend of $0.53 per share for Q1 2022, comprising a base dividend of $0.36 and a supplemental dividend of $0.17. These dividends will be paid on March 25, 2022, to shareholders on record as of March 11, 2022. The company utilizes a revised formula for declaring dividends based on taxable income, which may include ordinary income, capital gains, qualified dividends, and return of capital. Additionally, Fidus offers a dividend reinvestment plan for shareholders.

Fidus Investment Corporation (NASDAQ:FDUS) declared a base dividend of $0.32, a supplemental dividend of $0.04, and a special dividend of $0.05 for Q4 2021. For the third quarter ended September 30, 2021, total investment income was $21.2 million, with net investment income of $5.1 million ($0.21 per share). The net asset value increased to $447.5 million ($18.31 per share). The company invested $78.2 million in new debt and equity securities. Total expenses rose to $16.1 million, mainly due to an increase in capital gains incentives.

Fidus Investment Corporation (NASDAQ: FDUS) will report its Q3 2021 financial results on November 4, 2021, after market close. A conference call is scheduled for November 5, 2021, at 9:00 am ET to discuss these results. Interested parties can participate by dialing in or accessing a live webcast. Fidus specializes in providing customized financing solutions to lower middle-market companies, focusing on generating risk-adjusted returns through debt and equity investments. The company aims to partner with business owners and management teams for various growth initiatives.

Fidus Investment Corporation (NASDAQ: FDUS) announced the pricing of a public offering of $125 million in 3.50% notes due 2026. The notes, maturing on November 15, 2026, may be redeemed at par plus a make-whole premium. Interest payments will be made semi-annually starting May 15, 2022. Proceeds will be used to redeem outstanding 6.000% and 5.375% notes due 2024 and to repay part of its revolving credit facility, currently at $40 million. The offering's close is subject to customary conditions, with expected delivery on October 8, 2021.

Fidus Investment Corporation (NASDAQ:FDUS) declared a base dividend of $0.32, supplemental dividend of $0.06, and special dividend of $0.04 for Q3 2021. The company's second quarter 2021 results showed total investment income of $21.8 million and adjusted net investment income of $10.4 million, reflecting a 15% year-over-year increase. However, net investment income decreased by 30.3% to $6.5 million due to rising expenses. The net asset value stood at $429.4 million, or $17.57 per share. Fidus is positioned for growth with 72 active portfolio companies.

Fidus Investment Corporation (NASDAQ: FDUS) will report its second quarter 2021 financial results on August 5, 2021, after market close. A conference call is scheduled for August 6, 2021, at 9:00 AM ET, where management will discuss the results. To join, dial (877) 810-3368 for U.S. callers and (914) 495-8561 for international participants, referencing conference ID #6857165. A live webcast is also available. Fidus focuses on providing customized financing solutions to lower middle-market companies in the U.S., aiming for risk-adjusted returns.