Fidus Investment Corp. (FDUS) Reaches New 1-Year High at $16.23
Fidus Investment Corp. (NASDAQ:FDUS) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $16.23 and last traded at $16.02, with a volume of 41,985 shares traded. The stock had previously closed at $16.13.
FDUS has been the subject of several analyst reports. Zacks Investment Research lowered shares of Fidus Investment Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, May 10th. Robert W. Baird lowered shares of Fidus Investment Corp. from an “outperform” rating to a “neutral” rating in a report on Thursday, July 14th.
The firm’s 50 day moving average is $15.81 and its 200-day moving average is $15.17.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 23rd. Investors of record on Friday, September 9th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 9.68%. The ex-dividend date is Wednesday, September 7th.
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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