Fidus Investment (FDUS) to Release Earnings on Thursday

Fidus Investment (NASDAQ:FDUS) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, August 1st. Analysts expect the company to announce earnings of $0.57 per share for the quarter.

Fidus Investment (NASDAQ:FDUS) last announced its quarterly earnings data on Thursday, May 2nd. The asset manager reported $0.59 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.59. Fidus Investment had a net margin of 60.25% and a return on equity of 12.69%. The firm had revenue of $34.65 million during the quarter, compared to analyst estimates of $34.46 million. On average, analysts expect Fidus Investment to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Fidus Investment Price Performance

Shares of FDUS traded up $0.03 during mid-day trading on Friday, reaching $19.51. The stock had a trading volume of 12,377 shares, compared to its average volume of 254,320. Fidus Investment has a 52-week low of $17.63 and a 52-week high of $21.25. The business’s fifty day moving average is $19.72 and its 200 day moving average is $19.69. The firm has a market cap of $615.54 million, a price-to-earnings ratio of 6.70 and a beta of 1.40.

Fidus Investment Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 26th. Investors of record on Wednesday, June 19th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 8.82%. The ex-dividend date was Tuesday, June 18th. Fidus Investment’s dividend payout ratio is currently 59.11%.

Fidus Investment Company Profile

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.