FDUS - Fidus Investment: A Good Entry Point For This 11.9%-Yielding Top BDC Performer (Rating Upgrade)
2024-05-17 22:56:49 ET
Summary
- We provide a Q1 update of the BDC Fidus Investment Corp.
- Q1 adjusted net income fell for the second consecutive quarter, but the company continues to deliver strong results.
- FDUS offers a low valuation compared to its performance and is a good opportunity for diversification in the BDC market.
- FDUS has a generous dividend policy, with a dividend yield of NAV of 12.2%, well above the sector median.
In this article, we catch up on Q1 results of the Business Development Company Fidus Investment ( FDUS ). FDUS trades at a total dividend yield of 11.9% and a 102% valuation. FDUS invests in the lower middle-market segment and is overweight the Technology sector....
Fidus Investment: A Good Entry Point For This 11.9%-Yielding Top BDC Performer (Rating Upgrade)