Insider Buying: Callidus Capital Corp (CBL) Insider Buys C$79,170.00 in Stock

Callidus Capital Corp (TSE:CBL) insider Joseph C. Lewis acquired 7,800 shares of Callidus Capital stock in a transaction dated Wednesday, December 13th. The shares were acquired at an average price of C$10.15 per share, with a total value of C$79,170.00.

Shares of Callidus Capital Corp (TSE:CBL) opened at C$10.42 on Monday. Callidus Capital Corp has a fifty-two week low of C$9.30 and a fifty-two week high of C$20.89.

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

Separately, National Bank Financial dropped their target price on shares of Callidus Capital from C$11.00 to C$10.00 and set a “sector perform” rating on the stock in a report on Wednesday, November 15th.

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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.

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

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