Highest-materiality recent filing
Fidus Q2 NII $0.49/sh, adj NII $0.50; declares $0.50/sh Q3 dividend
Total investment income $43.5M, net investment income $18.7M ($0.49/sh), adjusted NII $18.9M ($0.50/sh).
Fidus stockholders elect Class III directors and approve below-NAV share issuance
Raymond Anstiss, Jr. re-elected with 16,551,832 for, 2,505,225 withheld; Edward H. Ross with 17,945,595 for, 1,111,459 withheld.
Fidus adjourns 2026 annual meeting due to lack of quorum; reconvened June 24
Annual meeting convened June 10, 2026 and adjourned immediately because a quorum was not present.
Fidus issues $120M 6.625% notes due 2029, redeems $125M 3.50% notes due 2026
Issued $120M aggregate principal of 6.625% Senior Unsecured Notes due June 1, 2029; net proceeds ~$117.6M.
Fidus Q1 NII $0.65/share; declares Q2 total dividend $0.62
Total investment income $47.5M, up 30.2% YoY; net investment income $24.6M ($0.65/shr).
Fidus Investment ups ATM equity program to $400M; $134.8M still available
ATM program maximum increased from $300M to $400M via Amendment No. 3 to Equity Distribution Agreement.
Fidus Q4 2025 adjusted NII $0.52/sh; Q1 dividend increased to $0.52 from $0.50
Q4 total investment income $42.2M; NII $19.6M ($0.53/sh); adjusted NII $19.4M ($0.52/sh).
Fidus Investment declares $0.43 base + $0.09 supplemental dividend for Q1 2026
Base dividend of $0.43 per share and supplemental dividend of $0.09 per share.
Fidus Q3 adjusted NII $0.50/share; board declares $0.50 Q4 dividend
Total investment income $37.3M; net investment income $17.4M ($0.49/share), down 18.9% YoY.
Fidus enters $175M SPV credit facility, replaces existing revolver
New SPV facility provides initial $175M commitments, can increase to $250M with accordion and agent consent.
Fidus issues $100M 6.750% notes due 2030, redeems $100M 4.75% notes due 2026
Issued additional $100M of 6.750% Notes due 2030 on Oct 3, 2025, increasing total to $200M outstanding.
Fidus Q2 adjusted NII $0.57/share; Q3 dividend raised to $0.57 total
Total investment income $40.0M (+12.1% YoY); net investment income $18.6M ($0.53/share).
Fidus shareholders elect directors, approve below-NAV share issuance at annual meeting
Class II directors Thomas C. Lauer (16.4M for, 0.95M withheld) and Edward X. Tune (14.2M for, 3.2M withheld) elected.
Fidus Q1 NII $0.53/sh (adj $0.54), NAV $19.39; declares $0.54 dividend for Q2
Total investment income $36.5M, NII $18.2M ($0.53/sh); adjusted NII $18.5M ($0.54/sh).
Fidus calls $25M of its 4.75% Notes due 2026 for redemption on May 21, 2025
Partial redemption of $25M principal from $125M outstanding 4.75% Notes due 2026.
Fidus Investment issues $100M of 6.750% Notes due 2030 to repay credit facility
Issued $100M aggregate principal of 6.750% Notes due March 19, 2030; interest payable semi-annually.
Fidus Investment Corporation issues $100M of 6.750% Notes due 2030
$100M aggregate principal amount of 6.750% Notes due 2030 issued.
Fidus Q4 NII $0.55/sh, FY adjusted NII up 11.6%; Q1 dividend $0.54/sh
Q4 2024 NII $18.6M ($0.55/sh); adjusted NII $18.4M ($0.54/sh).
Fidus Investment declares Q1 2025 base dividend of $0.43/share + supplemental $0.11/share
Base dividend of $0.43 per share and supplemental dividend of $0.11 per share declared for Q1 2025.
Fidus Q3 NII $0.64/sh, adj. NII $0.61; declares $0.61 dividend (base+supplemental)
Net investment income $21.4M ($0.64/sh); adjusted NII $20.4M ($0.61/sh) vs $0.68 prior year.
Director Charles D. Hyman resigns from Fidus Investment Board, effective Oct 29
Director Charles D. Hyman resigns from Board and committees (Audit, Compensation, Nominating) effective Oct 29, 2024.
Fidus Q2 2024 adjusted NII $0.57/share, declares $0.57 total dividend
Total investment income $35.7M, up 16.7% YoY; net investment income $17.0M ($0.53/share).
Fidus Investment expands senior secured revolver by $40M to $140M total commitments
Credit facility commitments increased from $100M to $140M, subject to borrowing base requirements.
Fidus stockholders re-elect two directors and approve below-NAV share issuance
Charles D. Hyman and Kelly McNamara Corley elected Class I directors with >13.4M votes each.
Fidus Q1 2024 NII $0.57/sh, adj NII $0.59; declares $0.59/sh dividend
Total investment income $34.7M (+19.3% YoY); net investment income $17.6M ($0.57 per share).
Fidus Q4 adjusted NII $0.65/share; declares $0.65 Q1 dividend
Q4 total investment income $36.3M, net investment income $16.9M ($0.58/share), adjusted NII $18.8M ($0.65/share).
Fidus Investment upsizes ATM equity program to $300M from $150M
Increased maximum aggregate offering amount under ATM program to $300.0 million from $150.0 million.
Fidus declares Q1 2024 base dividend $0.43 and supplemental $0.22 per share
Base dividend $0.43/share and supplemental $0.22/share for Q1 2024.
Fidus Investment Q3 adjusted NII $0.68/share, up 46% YoY; declares $0.80 total dividend
Q3 total investment income $34.2M (up 36.8% YoY); net investment income $16.7M ($0.63/share); adjusted NII $18.2M ($0.68/share, up 46% YoY).
Fidus Investment upsizes ATM equity offering program to $150M from $50M
Maximum aggregate offering amount increased to $150 million; previously $50 million.
Fidus Q2 NII $0.67/sh, adj NII $0.62/sh; total dividend raised to $0.72/sh
Total investment income $30.6M, up 44.5% YoY; net investment income $16.8M ($0.67/sh), up 52.5%.
Class III directors Raymond L. Anstiss, Jr. (11,069,527 for) and Edward H. Ross (12,135,221 for) elected to serve until 2026.
Fidus Q1 adjusted NII up 40% to $0.60/share; declares $0.70 total dividend
Total investment income $29.1M, net investment income $14.7M ($0.59/share); adjusted NII $0.60/share, up 40.2% YoY.
Fidus Q4 NII $0.51/share; base dividend raised to $0.41, total Q1 dividends $0.66
Q4 2022 total investment income $27.5M; net investment income $12.5M ($0.51/share); adjusted NII $0.51/share.
Fidus declares $0.66 total dividend; prelim Q4 NII $0.50-$0.52 per share
Base dividend $0.41, supplemental $0.15, special $0.10 per share; total $0.66.
Fidus announces deemed distribution of $1.65/share and 2022 dividend tax breakdown
Deemed distribution of $1.65/share ($40.8M total) to holders of record Dec 31, 2022; no cash paid.
Fidus Investment enters ATM equity offering for up to $50M of common stock
May sell up to $50M of common stock at market prices through Raymond James and B. Riley.
Total investment income $25.0M, net investment income $0.52/share; adjusted NII $0.51/share, up 27% YoY.
Fidus amends credit facility: extends maturity to 2027, margin cut to 2.675%
Extended credit facility maturity to August 17, 2027 from April 24, 2023 (4+ year extension).
Fidus Q2 NII $0.45/shr (+70% YoY); declares $0.36 base + $0.07 supplemental dividend
Q2 2022 net investment income $11.0M ($0.45/shr), up 70% YoY; adjusted NII $0.43/shr.
Appoints Kelly McNamara Corley as Class I Director effective July 1, 2022
Kelly McNamara Corley appointed as Class I director for term expiring at 2024 annual meeting.
Fidus Investment shareholders elect Class II directors, approve below-NAV share issuance
Thomas C. Lauer re-elected as Class II director with 11,174,607 votes for, 1,096,358 withheld.
Fidus adjourns annual meeting after failing to achieve quorum; reconvenes June 29
Annual meeting convened and immediately adjourned on June 9, 2022 due to lack of quorum.
Fidus Q1 NII $0.42/shr; declares $0.43/shr total dividend (base $0.36 + supplemental $0.07)
Total investment income $20.5M (-11.9% YoY); NII $10.3M ($0.42/shr) vs $11.1M ($0.45/shr).
Fidus Q4 adj NII $0.49, $1.77 for FY2021; boosts dividend to $0.53/shr
Q4 total investment income $24.1M; adjusted NII $12.0M ($0.49/shr); GAAP NII $2.4M ($0.10/shr) due to cap gains incentive fee.
Fidus declares Q1 2022 base dividend $0.36/sh and supplemental $0.17/sh
Base dividend of $0.36 per share declared for Q1 2022.
Fidus Q3 NII $0.21/sh, adj NII $0.40; declares base $0.32, supplemental $0.04, special $0.05
Total investment income $21.2M; NII $5.1M ($0.21/sh); adjusted NII $9.8M ($0.40/sh).
Fidus issues $125M of 3.50% Notes due 2026 to refinance existing debt
$125M aggregate principal of 3.50% Notes; mature Nov 15, 2026; interest paid semi-annually.
Fidus issues $125M 3.50% notes due 2026, redeems $82.25M in higher-coupon 2024 notes
Underwriting agreement for $125M aggregate principal of 3.50% Notes due 2026; closing expected Oct 8, 2021.
Fidus Q2 adjusted NII $0.42 (+14.7% YoY); base dividend $0.32 + $0.06 supplemental + $0.04 special
Total investment income $21.8M, up 6.8% YoY from $20.4M.
By correspondence dated October 1, 2024, Charles D. Hyman informed the Board of Directors (the “Board”) of Fidus Investment Corporation (the “Company”) of his decision to resign as a director of the Board and as a member of the Company’s Audit and Compensation Committee, and Nominating and Corporate Governance Committee, effective as of October 29, 2024.
On June 29, 2022, the board of directors (the “Board”) of Fidus Investment Corp. (the “Company”) appointed Kelly McNamara Corley as a Class I director of the Company for a term expiring at the Company’s 2024 annual meeting of the stockholders, effective July 1, 2022.
Max materiality 0.75 · Median 0.60 · Most common event earnings