Fidus Invt Corp - FDUS STOCK NEWS

Fidus Investment Corporation (NASDAQ: FDUS) announced it will report its Q1 2021 financial results on May 6, 2021, after market close. A conference call to discuss these results is set for May 7, 2021, at 9:00 am ET. Investors can join by dialing (877) 810-3368 or via a live webcast available on the company's investor relations website. Fidus focuses on providing debt and equity financing solutions to lower middle-market companies in the U.S., aiming for attractive risk-adjusted returns through capital appreciation and current income.

Fidus Investment Corporation (NASDAQ:FDUS) declared a regular quarterly dividend of $0.31 per share and a supplemental cash dividend of $0.07 per share. For Q4 2020, the company reported total investment income of $23.6 million and net investment income of $6.0 million ($0.25 per share). Full-year metrics showed $85.1 million in total investment income and $39.6 million in net investment income, marking a 24% increase year-over-year. NAV per share stood at $16.81 with a notable increase despite challenges posed by the pandemic. Overall, Fidus remains focused on resilient lower middle-market investments.

Fidus Investment Corporation (NASDAQ: FDUS) will report its Q4 and full-year 2020 financial results on February 25, 2021. A conference call is scheduled for February 26, 2021, at 9:00 AM ET to discuss these results. Investors can join the call via phone or webcast. Fidus specializes in providing customized financing to lower middle-market companies, aiming for attractive risk-adjusted returns through debt and equity solutions. The company has been active since 2011 and intends to continue expanding its investment portfolio amid uncertainties like COVID-19.

Fidus Investment Corporation (NASDAQ:FDUS) has declared a base dividend of $0.31 per share and a supplemental dividend of $0.07 for Q1 2021, payable on March 26, 2021. Shareholders on record as of March 12, 2021 will receive these dividends. The company employs a dividend reinvestment plan (DRIP) allowing automatic reinvestment unless opted out. The board reviews taxable income estimates for dividends, which can vary from GAAP income. Final tax attributes for 2021 dividends will be determined post the tax year.

Fidus Investment Corporation (NASDAQ:FDUS) announced a public offering of $125 million in 4.75% notes due 2026, priced on December 16, 2020. The notes will mature on January 31, 2026, with interest payable semi-annually starting July 31, 2021. Proceeds will be used to redeem existing higher-interest notes and repay credit facility debts. The offering is managed by Raymond James & Associates, with expected closing on December 23, 2020. Investors should review the prospectus for detailed risks and objectives.

Fidus Investment Corporation (NASDAQ:FDUS) declared a regular quarterly dividend of $0.30 per share and a supplemental cash dividend of $0.04 for Q4 2020. For Q3 2020, the company reported total investment income of $21.1 million and a net investment income of $6.9 million, or $0.28 per share. The net asset value (NAV) as of September 30, 2020, was $389.6 million, or $15.94 per share, reflecting a 3.6% increase from Q2. Fidus continues to maintain a robust pipeline of opportunities despite a temporary pause in originations.

Fidus Investment Corporation (NASDAQ: FDUS) will release its third quarter 2020 financial results on October 29, 2020, after market close. Management will host a conference call to discuss these results on October 30, 2020, at 9:00 AM ET. Interested participants can join by calling in or accessing a live webcast. The call will be available for replay until November 7, 2020. Fidus specializes in providing customized debt and equity financing to lower middle-market companies, aiming for attractive risk-adjusted returns.

Fidus Investment Corporation (NASDAQ: FDUS) announced its second quarter 2020 financial results will be reported on August 6, 2020, followed by a conference call on August 7, 2020, at 9:00 AM ET. The company provides customized debt and equity financing solutions for lower middle-market companies and aims to achieve attractive risk-adjusted returns. Established in February 2011, Fidus is managed as a business development company and a regulated investment company for tax purposes. Future performance remains uncertain due to factors including COVID-19 and market volatility.

Fidus Investment Corporation (NASDAQ: FDUS) announced a change in the location of its Annual Meeting of Stockholders to be held on June 4, 2020, at 9:00 a.m. Central Time due to COVID-19 concerns. The meeting will take place at the company's offices in Evanston, Illinois. All other details, including proposals for the meeting, remain unchanged. Stockholders who were registered as of March 13, 2020, are encouraged to vote via proxy to ensure their votes count. The proxy card previously distributed can still be used despite the location change.