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News Story
Fidus declares dividend
By Ottawa Business Journal Staff
Thu, Dec 1, 2005 8:00 AM EST

Ottawa-based Fidus Systems is rewarding its shareholders with a dividend of 1.5 cents s share.

"November proved a record month for revenues," says Fidus president Michael Wakim. "We have now experienced six consecutive, profitable quarters. As well, we signed a record $1.4 million in contracts during three months ending Sept. 30, 2005. Today's dividend reflects our ongoing commitment to reward our employees and other investors."

Privately-held Fidus has more than 50 investors, most of whom are employees. The total amount of this dividend is approximately $60,000.

Fidus provides electronic engineering for industrial control systems, consumer products, telecommunications equipment, aerospace, defence and biomedical engineering.


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