Fidus Investment Corp (NASDAQ:FDUS) announced a dividend on Thursday, October 31st, Fidelity reports. Stockholders of record on Friday, December 6th will be given a dividend of 0.04 per share by the asset manager on Friday, December 20th. The ex-dividend date of this dividend is Thursday, December 5th.
FDUS traded up $0.08 during midday trading on Tuesday, reaching $15.99. The company had a trading volume of 5,232 shares, compared to its average volume of 75,602. Fidus Investment has a 12-month low of $11.48 and a 12-month high of $16.50. The business has a 50-day moving average price of $15.10 and a two-hundred day moving average price of $15.41. The stock has a market cap of $390.92 million, a PE ratio of 11.26 and a beta of 1.05.
A number of equities research analysts recently issued reports on the company. Raymond James cut Fidus Investment from a “strong-buy” rating to an “outperform” rating and lowered their price objective for the company from $17.00 to $16.00 in a research note on Friday, October 11th. National Securities started coverage on Fidus Investment in a report on Wednesday, October 23rd. They issued a “neutral” rating and a $15.00 price target for the company. ValuEngine cut Fidus Investment from a “hold” rating to a “sell” rating in a research report on Tuesday, September 10th. LADENBURG THALM/SH SH lowered Fidus Investment from a “buy” rating to a “neutral” rating in a research note on Monday, August 5th. Finally, Zacks Investment Research cut Fidus Investment from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 6th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. Fidus Investment currently has a consensus rating of “Hold” and an average target price of $16.63.
Fidus Investment Corporation is a business development company specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans.
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