Quarterly ResultMay 7, 2026, 04:21 PM
Fidus Investment Q1 Net Investment Income $0.65/Share; Q2 Dividend $0.62
AI Summary
Fidus Investment Corporation announced strong financial results for the first quarter ended March 31, 2026, with net investment income increasing to $24.6 million, or $0.65 per share. The Board of Directors declared a total dividend of $0.62 per share for the second quarter, comprising a $0.43 base dividend and a $0.19 supplemental dividend. Management highlighted robust earnings from the debt portfolio and consistent over-earning of the base dividend.
Key Highlights
- Q1 2026 Net Investment Income: $24.6 million, a 35.2% increase from Q1 2025.
- Q1 2026 Net Investment Income per share: $0.65, a 22.6% increase from Q1 2025.
- Q2 2026 Total Dividends Declared: $0.62 per share ($0.43 base, $0.19 supplemental).
- Total investment income for Q1 2026: $47.5 million, up 30.2% from Q1 2025.
- Net Asset Value (NAV) as of March 31, 2026: $742.0 million, or $19.55 per share.
- Invested $118.7 million in debt and equity securities in Q1 2026.
- Weighted average yield on debt investments: 12.5% as of March 31, 2026.
- Estimated spillover income as of March 31, 2026: $43.4 million, or $1.14 per share.