Fifth Street Finance Corp. (NASDAQ:FSC) declared a quarterly dividend on Thursday, August 10th, Wall Street Journal reports. Shareholders of record on Friday, December 15th will be given a dividend of 0.125 per share by the credit services provider on Friday, December 29th. This represents a $0.50 annualized dividend and a dividend yield of 9.43%. The ex-dividend date of this dividend is Thursday, December 14th.

Fifth Street Finance Corp. (FSC) traded down 0.56% during trading on Thursday, hitting $5.30. 891,186 shares of the company’s stock traded hands. Fifth Street Finance Corp. has a 12-month low of $3.90 and a 12-month high of $6.32. The firm’s 50-day moving average price is $4.96 and its 200 day moving average price is $4.64.

Fifth Street Finance Corp. (NASDAQ:FSC) last released its quarterly earnings results on Wednesday, August 9th. The credit services provider reported $0.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.01. Fifth Street Finance Corp. had a negative net margin of 33.60% and a positive return on equity of 8.83%. The firm had revenue of $44.92 million for the quarter, compared to the consensus estimate of $43.35 million. Equities analysts forecast that Fifth Street Finance Corp. will post $0.56 earnings per share for the current year.

FSC has been the subject of a number of analyst reports. Maxim Group reissued a “hold” rating on shares of Fifth Street Finance Corp. in a research note on Thursday. BidaskClub upgraded shares of Fifth Street Finance Corp. from a “sell” rating to a “hold” rating in a research report on Thursday, July 20th. Zacks Investment Research upgraded shares of Fifth Street Finance Corp. from a “sell” rating to a “hold” rating in a research report on Monday, July 17th. JMP Securities upgraded shares of Fifth Street Finance Corp. from a “market perform” rating to an “outperform” rating and set a $6.50 price target on the stock in a research report on Monday, July 17th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $4.75 price target on shares of Fifth Street Finance Corp. in a research report on Friday, June 30th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $5.68.

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Fifth Street Finance Corp. Company Profile

Fifth Street Finance Corp. is a specialty finance company. The Company is a closed-end, non-diversified management investment company. The Company acts as a business development company (BDC). The Company’s investment objective is to maximize its portfolio’s total return by generating current income from its debt investments, and capital appreciation from its equity investments.

Dividend History for Fifth Street Finance Corp. (NASDAQ:FSC)

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