Wednesday, July 30, 2014

5 Best Diversified Bank Stocks To Watch Right Now

5 Best Diversified Bank Stocks To Watch Right Now: Fidus Investment Corp (FDUS)

Fidus Investment Corporation, incorporated on February 14, 2011, provides customized mezzanine debt and equity financing solutions to lower middle-market companies. The Companys investment objective is to provide attractive risk-adjusted returns by generating both current income from its debt investments and capital appreciation from its equity related investments.

The Company seeks to maintain a diversified portfolio of investments in order to help mitigate the potential effects of adverse economic events related to particular companies, regions or industries. The Companys investment advisor is Fidus Capital, LLC.

Advisors' Opinion:
  • [By BDC Buzz]

    Fidus Investment (FDUS) is one of the newer business development companies ("BDCs") but its stock performance has been strong with a steady climb to higher than average multiples. This is most likely due to its higher than average 'total return' of around 16%. Last quarter FDUS grew its net asset value ("NAV") per share more than any of the other 25 BDCs that I follow and announced a special dividend on top of its regular dividends which is currently yielding around 8%. The company announced that it received approval for a second SBIC license giving it access to cheap long-term growth capital to grow the portfolio and dividends. FDUS also reported realized gains in Q3 from exited investments that could provide for some large upcoming special dividends. I believe that investors should look beyond the current lower than average dividend yield and higher than average pricing multiples, and consider the potential total return for FDUS over the coming quarters. I will also addr ess my key concerns for the company and some things to watch for through the end of the year.

  • source from Top Penny Stocks For 2015:http://www.topstocksforum.com/5-best-diversified-bank-stocks! -to-watch-right-now-2.html

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