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 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.
Fidus Investment Corporation (NASDAQ:FDUS) announced strong financial results for Q1 2021, with total investment income reaching $23.3 million, a 16.5% increase from Q1 2020. Net investment income was $11.1 million ($0.45 per share), down 36.4% year-over-year. The company's NAV increased to $413.0 million ($16.90 per share). Fidus declared a base dividend of $0.31 and a supplemental dividend of $0.08 per share for Q2 2021. Notably, the firm invested $63.1 million in new debt and equity securities, supported by strong repayments totaling $98.6 million.
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.