Fidus Investment Q1 2023 Earnings Report
Key Takeaways
Fidus Investment Corporation reported a strong first quarter in 2023, with adjusted net investment income increasing by 40.2% to $0.60 per share. The board declared total dividends of $0.70 per share for the second quarter of 2023. The company invested $51.5 million in debt and equity securities and received $15.9 million from repayments and realizations.
Total investment income was $29.1 million.
Net investment income was $14.7 million, or $0.59 per share.
Adjusted net investment income was $14.9 million, or $0.60 per share.
Net asset value (NAV) was $484.6 million, or $19.39 per share, as of March 31, 2023.
Fidus Investment
Fidus Investment
Fidus Investment Revenue by Segment
Forward Guidance
The board of directors declared a base dividend of $0.41 per share, a supplemental dividend of $0.19 per share, and a special dividend of $0.10 per share for the second quarter.