FDUS - Fidus Investment: A Solid 9% Yield For Passive Income Investors

2024-03-25 11:26:40 ET

Summary

• 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 Corporation ( FDUS ) is a business development company with a growing investment portfolio and a moderate pay-out ratio based on adjusted net investment income....

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