Fidus Investment: A Good Entry Point For This 11.9%-Yielding Top BDC Performer (Rating Upgrade)

May 17, 2024 10:56 PM ETFidus Investment (FDUS)FDUS20 Comments

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.
  • I do much more than just articles at Systematic Income: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »

Financial Data - Stock Market, Prosperity, Bull Market - Green And Red Stock Charts, Graphs Going Up, Financial Gains

DKosig

In this article, we catch up on Q1 results of the Business Development Company Fidus Investment (NASDAQ: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

Check out Systematic Income and explore our Income Portfolios, engineered with both yield and risk management considerations.

Use our powerful Interactive Investor Tools to navigate the BDC, CEF, OEF, preferred and baby bond markets.

Read our Investor Guides: to CEFs, Preferreds and PIMCO CEFs.

Check us out on a no-risk basis - sign up for a 2-week free trial!

This article was written by

13.25K Followers

ADS Analytics is a team of analysts with experience in research and trading departments at several industry-leading global investment banks. They focus on generating income ideas from a range of security types including: CEFs, ETFs and mutual funds, BDCs as well as individual preferred stocks and baby bonds.

ADS Analytics runs the investing group Systematic Income which features 3 different portfolios for a range of yield targets as well interactive tools for investors, daily updates and a vibrant community.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of FDUS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About FDUS Ticker

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on FDUS

Related Stocks

SymbolLast Price% Chg
FDUS
--