Fidus Investment Posts Q4 Net Income Beat, Declares $0.52 Q1 Dividend
Fidus Investment Corp reported Q4 2025 net investment income of $19.6M ($0.53/share) and adjusted NII of $19.4M ($0.52/share) on total investment income of $42.2M, topping forecasts by $2.4M. NAV reached $19.55 per share as board declared a $0.52 dividend for Q1 2026.
1. Q4 Financial Results
In the fourth quarter of 2025, Fidus generated total investment income of $42.2 million, up 12.5% year-over-year, with net investment income of $19.6 million ($0.53 per share) and adjusted net investment income of $19.4 million ($0.52 per share), exceeding consensus estimates.
2. Dividend Declaration
The board approved a total dividend of $0.52 per share for the first quarter of 2026, comprising a base dividend of $0.43 and a supplemental distribution of $0.09.
3. Portfolio Investments and NAV
During Q4, the company invested $213.7 million in debt and equity securities across eight new portfolio companies and realized $84.7 million in repayments, ending the quarter with net asset value of $741.9 million, or $19.55 per share.
4. Full Year 2025 Highlights
For the full year, Fidus recorded total investment income of $155.9 million, net investment income of $73.9 million ($2.08 per share), adjusted NII of $75.6 million ($2.13 per share), invested $498.2 million, received $288.0 million in repayments, and paid $2.15 per share in dividends.