Looking at the universe of stocks we cover at Dividend Channel, on 1/13/14, Fifth Street Finance Corporation (FSC) will trade ex-dividend, for its monthly dividend of $0.0833, payable on 1/31/14. As a percentage of FSC's recent stock price of $9.39, this dividend works out to approximately 0.89%, so look for shares of Fifth Street Finance Corporation to trade 0.89% lower — all else being equal — when FSC shares open for trading on 1/13/14.
Below is a dividend history chart for FSC, showing historical dividends prior to the most recent $0.0833 declared by Fifth Street Finance Corporation:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FSC is likely to continue, and whether the current estimated yield of 10.65% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FSC shares, versus its 200 day moving average:Looking at the chart above, FSC's low point in its 52 week range is $8.94 per share, with $11.13 as the 52 week high point — that compares with a last trade of $9.40.
According to the ETF Finder at ETF Channel, FSC makes up 5.07% of the BDC Income ETF (BIZD) which is trading higher by about 0.7% on the day Thursday. In Thursday trading, Fifth Street Finance Corporation shares are currently up about 0.8% on the day.