FIDUS INVESTMENT (FDUS) Company Report

Fidus Investment Corporation (FDUS) increased the maximum aggregate offering price for its "at-the-market" (ATM) equity program from $300.0 million to $400.0 million on March 2, 2026.
This upsize was formalized through Amendment No. 3 to the Equity Distribution Agreement.
Following this amendment, approximately $134.8 million in shares remain available for sale under the ATM Program as of March 2, 2026.

1 day ago

8-K

Fidus Investment Corporation Reports Q4 2025 Results and Declares Q1 2026 Dividend

FDUS

Earnings

Dividends

New Projects/Investments

Fidus Investment Corporation reported Q4 2025 originations of $213.7 million, contributing to a total portfolio of $1.3 billion on a fair value basis, and declared a total dividend of $0.52 per share for Q1 2026.
Adjusted Net Investment Income (NII) for Q4 2025 was $0.52 per share, and Net Asset Value (NAV) grew to $19.55 per share as of December 31, 2025.
The company maintained a strong financial position with $304.8 million in total liquidity and a net debt to equity ratio of 0.8 times as of December 31, 2025.
The debt portfolio is robust, with 86% in first lien investments and non-accruals less than 1% of the total portfolio on a fair value basis.
The software and tech-enabled services portfolio stands at $464 million, with 92% in first lien debt and a weighted average loan-to-value of 37%; the company anticipates deal flow to increase throughout 2026 following a more modest Q1.

4 days ago

Transcript

Fidus Investment Corporation Reports Strong Q4 2025 Results with Increased NAV and Record Originations

FDUS

Earnings

Dividends

New Projects/Investments

Fidus Investment Corporation reported Q4 2025 adjusted NII of $0.52 per share and a net asset value (NAV) per share of $19.55, reflecting a 13.2% increase in total NAV to $741.9 million from December 31, 2024.
The company declared a total dividend of $0.52 per share for Q1 2026, comprising a $0.43 base dividend and a $0.09 supplemental dividend, payable on March 30, 2026.
Originations reached a record $213.7 million in Q4 2025, contributing to a total portfolio of $1.3 billion on a fair value basis by year-end, with 86% in first lien investments and non-accruals less than 1% of the portfolio.
Fidus concluded Q4 2025 with total liquidity of approximately $304.8 million, including $79.6 million in cash and $141.2 million of availability on its line of credit.
Management anticipates deal flow to pick up throughout 2026, following a strong M&A environment in the latter half of 2025, and expects some growth in Q1 2026 though more modest than Q4 2025.

4 days ago

Transcript

Fidus Investment Corporation Reports Q4 2025 Results

FDUS

Earnings

Dividends

New Projects/Investments

Fidus Investment Corporation's diversified investment portfolio grew to $1.3 billion across 97 companies as of December 31, 2025.
The company reported an adjusted NAV per share of $19.55 as of December 31, 2025, marking 58 consecutive quarters of NAV above its IPO level.
FDUS has a strong track record of shareholder returns, having declared thirty-eight special or supplemental dividends since its IPO, totaling $4.13 per share, and reporting an LTM total dividend yield of 11.1% as of December 31, 2025.
The debt portfolio is primarily composed of 86% first lien debt with a weighted average debt yield of 12.6% as of Q4 2025, and 87% of outstanding liabilities are fixed rate obligations at a weighted average interest rate of 5.2% as of December 31, 2025.

4 days ago

Presentation

Fidus Investment Corporation Reports Strong Q4 2025 Results with Record Originations and Increased NAV

FDUS

Earnings

Dividends

New Projects/Investments

Adjusted Net Investment Income (NII) was $0.52 per share for Q4 2025, and the company declared a Q1 2026 total dividend of $0.52 per share.
Fidus achieved record originations of $213.7 million in Q4 2025, growing the total portfolio to $1.3 billion on a fair value basis and increasing Net Asset Value (NAV) per share to $19.55 as of December 31, 2025.
The portfolio maintained strong credit quality with non-accruals less than 1% on a fair value basis, and 86% of the debt portfolio in first lien investments.
Total liquidity as of December 31, 2025, was approximately $304.8 million.
Management expects Q1 2026 deal flow to be more modest than Q4 2025, but anticipates activity levels will pick up throughout the year.

4 days ago

Transcript

Fidus Investment Corporation Announces Q4 and Full Year 2025 Financial Results

FDUS

Earnings

Dividends

New Projects/Investments

Fidus Investment Corporation reported total investment income of $42.2 million for Q4 2025 and $155.9 million for the full year 2025.
Adjusted net investment income per share was $0.52 for Q4 2025 and $2.13 for the full year 2025.
The company's Net Asset Value (NAV) was $19.55 per share as of December 31, 2025.
The Board of Directors declared total dividends of $0.52 per share for Q1 2026, comprising a base dividend of $0.43 and a supplemental dividend of $0.09.
For the full year 2025, Fidus invested $498.2 million in debt and equity securities and received $288.0 million from repayments and realizations. As of December 31, 2025, the company had $70.0 million in cash and cash equivalents and $141.2 million of unused capacity under its special purpose vehicle credit facility.

5 days ago

8-K

Fidus Investment Corporation Announces Fourth Quarter and Full Year 2025 Financial Results

FDUS

Earnings

Dividends

New Projects/Investments

Fidus Investment Corporation reported fourth quarter 2025 total investment income of $42.2 million and net investment income of $0.53 per share, with adjusted net investment income at $0.52 per share.
For the full year 2025, the company achieved total investment income of $155.9 million and net investment income of $2.08 per share, with adjusted net investment income at $2.13 per share.
As of December 31, 2025, Net Asset Value (NAV) stood at $19.55 per share, and the company declared a total dividend of $0.52 per share for the first quarter of 2026.
In 2025, Fidus invested $498.2 million in debt and equity securities and received $288.0 million from repayments and realizations.

5 days ago

Press Release

Fidus Investment Corporation Declares Q1 2026 Dividends

FDUS

Dividends

Fidus Investment Corporation's Board of Directors declared a base dividend of $0.43 per share and a supplemental dividend of $0.09 per share for the first quarter of 2026 on February 17, 2026.
The dividends will be payable on March 30, 2026, to stockholders of record as of March 20, 2026.
The company operates a dividend reinvestment plan (DRIP), allowing stockholders to reinvest dividends in additional shares unless they opt out.

Feb 17, 2026, 9:08 PM

8-K

Fidus Investment Corporation Declares First Quarter 2026 Dividends

FDUS

Dividends

Fidus Investment Corporation's Board of Directors declared a base dividend of $0.43 per share and a supplemental dividend of $0.09 per share for the first quarter of 2026 on February 17, 2026.
The dividends will be payable on March 30, 2026, to stockholders of record as of March 20, 2026.
Fidus has a dividend reinvestment plan (DRIP), which automatically reinvests dividends for stockholders unless they elect to receive cash.

Feb 17, 2026, 9:05 PM

Press Release

Fidus Investment Corporation Reports Q3 2025 Earnings

FDUS

Earnings

Dividends

Debt Issuance

Adjusted Net Investment Income (NII) for Q3 2025 was $0.50 per share, covering the base dividend of $0.43 per share.
The Board of Directors declared a total dividend of $0.50 per share for Q4 2025, consisting of a base dividend of $0.43 per share and a supplemental dividend of $0.07 per share.
Net Asset Value (NAV) grew 2.7% to $711 million at quarter end, with NAV per share at $19.56 as of September 30, 2025.
The total investment portfolio expanded to $1.2 billion on a fair value basis as of September 30, 2025, with 82% in first-lien investments. Portfolio credit quality remained sound, with non-accruals at less than 1% of the total portfolio on a fair value basis.
Liquidity as of September 30, 2025, was approximately $203.8 million, remaining around $204 million after subsequent events including a $100 million debt add-on and refinancing of the line of credit.