Callidus Capital Corp (TSE:CBL) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as C$7.16 and last traded at C$7.22, with a volume of 26817 shares traded. The stock had previously closed at C$7.71.
The firm has a market cap of $413.19, a price-to-earnings ratio of -3.65 and a beta of 1.58.
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 20th. Shareholders of record on Tuesday, March 20th will be issued a $0.10 dividend. The ex-dividend date is Tuesday, February 27th. This represents a $1.20 annualized dividend and a yield of 16.64%. Callidus Capital’s dividend payout ratio (DPR) is presently -52.13%.
In related news, insider Joseph C. Lewis acquired 2,800 shares of the firm’s stock in a transaction on Friday, January 12th. The stock was acquired at an average cost of C$10.25 per share, for a total transaction of C$28,700.00. Also, insider Joseph C. Lewis acquired 5,200 shares of the firm’s stock in a transaction on Friday, January 19th. The stock was bought at an average price of C$10.02 per share, with a total value of C$52,104.00. Insiders acquired a total of 20,800 shares of company stock valued at $210,965 over the last 90 days.
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About Callidus Capital
Callidus Capital Corporation (Callidus) is a Canada-based company, which is engaged in providing financing solutions for companies that are unable to obtain financing from lending institutions. The Company operates a finance business that provides senior secured asset-based loans and lending services to mid-market companies operating in Canada and the United States.
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