Fidus Investment Corporation Aktie News

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EVANSTON, Ill., April 25, 2024 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (NASDAQ: FDUS) (“Fidus” or the “Company”) today announced that it will report its first quarter 2024 financial results on Thursday, May 2, 2024 after the close of the financial markets.

Dividend stocks are super important for wealth building. They offer two benefits: cash payouts from company profits (dividends) and stock growth.

CVR Partners, LP (NYSE: UAN) manufactures and supplies nitrogen fertilizer products like ammonia and urea ammonium nitrate for agricultural and industrial uses.

Fidus Investment Corporation has a growing investment portfolio and a moderate pay-out ratio based on adjusted net investment income. The BDC comfortably covered its dividend with adjusted NII in the fourth quarter and pays special dividends to distribute excess portfolio income. The stock is selling at a 2% discount to net asset value and offers a well-covered 9% yield.

Fidus Investment has underperformed the benchmark by 230 basis points since the publication of my relatively conservative article back in December last year. Yet, now after assessing the Q4 results and factoring in the improvements within the key fundamental metrics, I have decided to assign buy for FDUS. In this article, I synthesize Q4 results and justify why I am upgrading the rating from ho...

Surrounded by the smoothness of the Tuscan landscape, I have always thought that the pursuit of harmony in human activities is the first step toward happiness. I also chase a balance in investments, seeking to create a portfolio whose securities provide a steady cash flow over time and grow the nominal capital invested.

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