Callidus Capital Corp (CBL) Insider Joseph C. Lewis Acquires 1,200 Shares

Callidus Capital Corp (TSE:CBL) insider Joseph C. Lewis acquired 1,200 shares of Callidus Capital stock in a transaction dated Friday, December 15th. The shares were acquired at an average price of C$10.24 per share, with a total value of C$12,288.00.

Callidus Capital Corp (CBL) traded up C$0.21 during mid-day trading on Friday, reaching C$10.42. 66,540 shares of the company’s stock were exchanged, compared to its average volume of 50,352. Callidus Capital Corp has a 52 week low of C$9.30 and a 52 week high of C$20.89.

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Thursday, November 30th will be paid a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a yield of 11.52%. The ex-dividend date of this dividend is Wednesday, November 29th. Callidus Capital’s dividend payout ratio is presently -52.13%.

Separately, National Bank Financial reduced their price objective on shares of Callidus Capital from C$11.00 to C$10.00 and set a “sector perform” rating for the company in a research note on Wednesday, November 15th.

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Callidus Capital Company Profile

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.

Insider Buying and Selling by Quarter for Callidus Capital (TSE:CBL)

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