Callidus Capital (TSE:CBL) had its price objective lowered by National Bank Financial from C$10.00 to C$3.50 in a report published on Wednesday morning. The brokerage currently has a sector perform rating on the stock. National Bank Financial also issued estimates for Callidus Capital’s FY2018 earnings at ($0.92) EPS.
CBL stock opened at C$4.90 on Wednesday. Callidus Capital has a one year low of C$3.76 and a one year high of C$18.01.
The company also recently declared a monthly dividend, which was paid on Tuesday, March 20th. Shareholders of record on Tuesday, March 20th were given a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a dividend yield of 24.49%. The ex-dividend date was Tuesday, February 27th.
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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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