Fidus Investment Q3 total investment income falls on lower dividend, fee income

Fidus Investment

06/11/2025 21:44

Overview

Fidus Q3 total investment income falls 2.9% yr/yr to $37.3 mln

Net investment income decreases 18.9% yr/yr to $17.4 mln

The lower middle-market BDC declares Q4 dividends totaling $0.50 per share

Outlook

Company has a strong pipeline of new investments and add-ons in existing portfolio companies

Fidus intends to maintain a portfolio structured for attractive risk-adjusted returns

Result Drivers

INVESTMENT INCOME DECLINE - Total investment income decreased due to lower dividend and fee income, despite increased payment-in-kind interest income

EXPENSES INCREASE - Higher interest and financing expenses contributed to increased total expenses

PORTFOLIO EXPANSION - Continued investment in new portfolio companies supports growth strategy

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Asset Value
$711 mln
Q3 Net Asset Value Per Share
$19.56


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the closed end funds peer group is "hold."

Wall Street's median 12-month price target for Fidus Investment Corp is $22.00, about 5.4% above its November 5 closing price of $20.82

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nGNX8qTB6h

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)