Fidus Investment (NASDAQ:FDUS - Get Free Report) announced its earnings results on Thursday. The asset manager reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.03, Zacks reports. Fidus Investment had a net margin of 60.09% and a return on equity of 12.11%. The business had revenue of $31.65 million during the quarter, compared to analyst estimates of $36.66 million.
Fidus Investment Stock Performance
Fidus Investment stock traded up $0.28 during mid-day trading on Friday, hitting $22.09. 299,515 shares of the company traded hands, compared to its average volume of 220,882. Fidus Investment has a one year low of $18.41 and a one year high of $23.55. The stock has a market cap of $749.18 million, a price-to-earnings ratio of 7.89 and a beta of 1.39. The stock has a fifty day moving average price of $22.19 and a 200-day moving average price of $20.86.
Fidus Investment Announces Dividend
The business also recently announced a -- dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 20th will be given a dividend of $0.11 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a yield of 7.4%. Fidus Investment's payout ratio is presently 71.37%.
Fidus Investment Company Profile
(
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Fidus Investment Corporation is a business development company. It 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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