Fidus Investment Corporation (NASDAQ:FDUS) is expected to pay $0.43 on Dec 16, 2016. The indicated annual dividend is $1.56. Shareholders owning the stock before Nov 30, 2016 will be eligible to receive the payout. Based on Fidus Investment Corporation’s current price of $17.07, the dividend is 2.52%. This dividend’s record date is Dec 2, 2016 and the announcement date is Nov 22, 2016. The stock increased 0.41% or $0.07 during the last trading session, hitting $17.07. Fidus Investment Corp (NASDAQ:FDUS) has risen 9.56% since April 26, 2016 and is uptrending. It has outperformed by 4.30% the S&P500.
Fidus Investment Corporation is a business development company. The company has a market cap of $331.66 million. The Firm provides customized debt and equity financing solutions to lower middle-market companies. It has a 8.02 P/E ratio. The Company’s investment objective is to provide risk-adjusted returns by generating both current income from its debt investments and capital appreciation from its equity related investments.
Insitutional Activity: The institutional sentiment increased to 2.5 in 2016 Q2. Its up 0.58, from 1.92 in 2016Q1. The ratio is positive, as 4 funds sold all Fidus Investment Corp shares owned while 9 reduced positions. 10 funds bought stakes while 15 increased positions. They now own 3.50 million shares or 3.02% more from 3.39 million shares in 2016Q1.
Moreover, Advisory Rech has 0.01% invested in Fidus Investment Corp (NASDAQ:FDUS) for 36,421 shares. Muzinich Company holds 0.73% of its portfolio in Fidus Investment Corp (NASDAQ:FDUS) for 104,241 shares. First Allied Advisory Serv accumulated 17,185 shares or 0.01% of the stock. Sumitomo Mitsui Asset Management Co Ltd last reported 0.02% of its portfolio in the stock. Kcg Hldgs last reported 0% of its portfolio in the stock. Raymond James Tru Na has 18,765 shares for 0.02% of their US portfolio. Creative Planning holds 200 shares or 0% of its portfolio. Bb&T Secs Ltd Liability Company holds 52,270 shares or 0.01% of its portfolio. Manufacturers Life Insurance The has 0% invested in the company for 111 shares. Yorktown Mngmt And Rech Communications Incorporated holds 1.3% or 375,000 shares in its portfolio. Moreover, Guggenheim Cap Lc has 0% invested in Fidus Investment Corp (NASDAQ:FDUS) for 69,615 shares. Kingfisher Limited Liability Corporation holds 13,011 shares or 0% of its portfolio. The North Carolina-based Natl Bank Of America Corporation De has invested 0% in Fidus Investment Corp (NASDAQ:FDUS). Wells Fargo Mn has invested 0% of its portfolio in Fidus Investment Corp (NASDAQ:FDUS). Spot Trading Limited Com holds 0% or 3,252 shares in its portfolio.
Fidus Investment Corp (NASDAQ:FDUS) Ratings Coverage
Out of 2 analysts covering Fidus Investment (NASDAQ:FDUS), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Fidus Investment has been the topic of 2 analyst reports since January 15, 2016 according to StockzIntelligence Inc. The firm has “Neutral” rating given on Friday, January 15 by Janney Capital. The firm has “Buy” rating given on Friday, September 23 by DA Davidson.
More news for Fidus Investment Corp (NASDAQ:FDUS) were recently published by: Globenewswire.com, which released: “Fidus Investment Corporation Announces Third Quarter 2016 Financial Results” on November 03, 2016. Benzinga.com‘s article titled: “Fidus Investment One Of The ‘Best Positioned’ BDCs” and published on August 05, 2016 is yet another important article.
FDUS Company Profile
Fidus Investment Corporation, incorporated on February 14, 2011, is a business development company. The Firm provides customized debt and equity financing solutions to lower middle-market companies. The Company’s investment objective is to provide risk-adjusted returns by generating both current income from its debt investments and capital appreciation from its equity related investments. The Company’s investment strategy consists of collaborating with business owners, management teams and financial sponsors by providing customized financing for ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives.
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