Fifth Street Finance Corporation About To Put More Money In Your Pocket

Looking at the universe of stocks we cover at Dividend Channel, on 9/11/14, Fifth Street Finance Corporation ( FSC) will trade ex-dividend, for its monthly dividend of $0.0917, payable on 9/30/14. As a percentage of FSC's recent stock price of $9.84, this dividend works out to approximately 0.93%, so look for shares of Fifth Street Finance Corporation to trade 0.93% lower — all else being equal — when FSC shares open for trading on 9/11/14.

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Below is a dividend history chart for FSC, showing historical dividends prior to the most recent $0.0917 declared by Fifth Street Finance Corporation:

FSC+Dividend+History+Chart

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 11.18% 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:

Fifth Street Finance Corporation 200 Day Moving Average Chart

Looking at the chart above, FSC's low point in its 52 week range is $8.94 per share, with $10.74 as the 52 week high point — that compares with a last trade of $9.85.

According to the ETF Finder at ETF Channel, FSC makes up 5.12% of the BDC Income ETF ( BIZD) which is trading lower by about 0.1% on the day Tuesday.

In Tuesday trading, Fifth Street Finance Corporation shares are currently off about 0.2% on the day.

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