FDUS News & Events

Fidus Investment announced its board of directors declared a base dividend of 43c per share and a supplemental dividend of 19c per share for the second quarter. The dividends will be payable on June 29, to stockholders of record as of June 16.

Reports Q1 total investment income $47.5M, consensus $41.99M. The increase in total investment income was primarily attributable to a 13.1% increase in interest income and a higher level of fees. "Fidus' debt portfolio produced extremely strong earnings for the first quarter driven by a 13.1% increase in interest income and a higher level of fees. In addition, with adjusted net investment income of $0.62 per share, we extended our track record of over-earning the base dividend and are pleased to continue to pay-out excess earnings to shareholders," said CEO Edward Ross.