Fidus Investment Corporation (FDUS)
Financial Services · NMS
Fundamentals
Valuation and ratings
Fidus Investment Corporation trades at USD19.66, close to the USD19.55 our discounted cash flow model puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 72 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 9.1 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
FDUS dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | USD1.14 | 2 |
| 2025 | USD2.15 | 4 |
| 2024 | USD2.42 | 4 |
| 2023 | USD2.88 | 4 |
| 2022 | USD2.00 | 4 |
| 2021 | USD1.60 | 4 |
| 2020 | USD1.33 | 4 |
| 2019 | USD1.60 | 4 |
| 2018 | USD1.60 | 4 |
| 2017 | USD1.60 | 4 |
| 2016 | USD1.60 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
FDUS earnings and analyst estimates
Recommendation mix, 5 analyst ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Fidus Investment Corporation
Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans. It does not invest in turnarounds or distressed situations. The fund prefers to invest in aerospace and defense, business services, consumer products and services including retail, food, and beverage, healthcare products and services, industrial products and services, information technology services, niche manufacturing, transportation and logistics, and value-added distribution sectors. It seeks to invest in companies based in United States. The fund typically invests between $5 million and $30 million per transaction in companies with annual revenues between $10 million and $150 million and an annual EBITDA between $5 million and $30 million, but it can occasionally invest in larger or smaller companies. The fund typically invests between $5 million and $15 million in debt investment. It seeks to acquire minority equity stakes and board observation rights in conjunction with its investments.
FDUS passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
5 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Two Sigma, TWO SIGMA INVESTMENTS, LP$4.77M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$3.56M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$1.78M · 0.0% of book
- Paul Tudor Jones, TUDOR INVESTMENT CORP ET AL$1.33M · 0.0% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$1.31M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Fidus Investment Corporation (FDUS) undervalued?
Against our discounted cash flow estimate of USD19.55, FDUS at USD19.66 is 1% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Which funds own FDUS?
5 of the institutions we track reported a position in FDUS in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is FDUS's P/E ratio?
FDUS trades at 9.1 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Fidus Investment Corporation (FDUS) pay a dividend?
Yes. Fidus Investment Corporation yields 10.69% at the current share price. It has paid USD2.21 per share over the trailing twelve months. It has paid a dividend in each of the last 15 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
When does FDUS report earnings next?
Fidus Investment Corporation is scheduled to report on 6 Aug 2026. Companies move earnings dates, so read it as scheduled rather than certain.
The full research page for FDUS, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.