other
confidence high
sentiment neutral
materiality 0.50
Fidus announces deemed distribution of $1.65/share and 2022 dividend tax breakdown
FIDUS INVESTMENT Corp
- Deemed distribution of $1.65/share ($40.8M total) to holders of record Dec 31, 2022; no cash paid.
- Company pays 21% tax ($0.3465/share) on retained gains; shareholders receive tax credit.
- Total 2022 cash dividends $2.00/share: 40.64% long-term cap gains, 55.65% ordinary, 3.71% qualified.
- Shareholders increase tax basis by $1.3035/share (deemed distribution net of tax paid).
- Retained capital to be reinvested in income-producing debt assets to boost future NII.