Fidus Investment Corp. (NASDAQ:FDUS) shares hit a new 52-week high during trading on Thursday . The company traded as high as $16.23 and last traded at $16.02, with a volume of 41,985 shares trading hands. The stock had previously closed at $16.13.

FDUS has been the topic of a number of research analyst reports. Zacks Investment Research downgraded shares of Fidus Investment Corp. from a “hold” rating to a “sell” rating in a research report on Monday, July 4th. Robert W. Baird downgraded shares of Fidus Investment Corp. from an “outperform” rating to a “neutral” rating in a research report on Thursday, July 14th. Finally, Janney Montgomery Scott initiated coverage on shares of Fidus Investment Corp. in a research report on Wednesday, April 27th. They issued a “neutral” rating for the company.

The company has a 50 day moving average of $15.78 and a 200-day moving average of $15.14.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 23rd. Shareholders of record on Friday, September 9th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Wednesday, September 7th. This represents a $1.56 dividend on an annualized basis and a yield of 9.67%.

Fidus Investment Corporation is a business development company. The Company provides customized debt and equity financing solutions to lower middle-market companies. Its 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.

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