Fifth Street Finance Corp. Declares Consistent Monthly Dividend
October 24 2016 - 7:30AM
Fifth Street Finance Corp. (NASDAQ:FSC) (“FSC”) today announced
that its Board of Directors declared on October 18, 2016 a
consistent monthly dividend of 6 cents per share for December 2016
through February 2017. The dividend represents an annualized
run rate of $0.72 per share.
The following table reflects the per share dividends:
Record Date |
Payment Date |
Amount |
December 15, 2016 |
December 30, 2016 |
$ |
0.06 |
|
January 13, 2017 |
January 31, 2017 |
$ |
0.06 |
|
February 15, 2017 |
February 28, 2017 |
$ |
0.06 |
|
|
|
|
|
|
About Fifth Street Finance Corp.
Fifth Street Finance Corp. is a leading specialty finance
company that provides custom-tailored financing solutions to small
and mid-sized companies, primarily in connection with investments
by private equity sponsors. The company originates and
invests in one-stop financings, first lien, second lien, mezzanine
debt and equity co-investments. FSC'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. The company has elected to be regulated as a
business development company and is externally managed by a
subsidiary of Fifth Street Asset Management
Inc. (NASDAQ:FSAM), a nationally recognized credit-focused
asset manager with over $5 billion in assets under
management across multiple public and private vehicles. With a
track record of over 18 years, Fifth Street's platform has the
ability to hold loans up to $250 million and structure
and syndicate transactions up to $500 million. Fifth
Street received the 2015 ACG New York Champion's Award for "Lender
Firm of the Year," and other previously received accolades include
the ACG New York Champion's Award for "Senior Lender Firm of the
Year," "Lender Firm of the Year" by The M&A Advisor and "Lender
of the Year" by Mergers & Acquisitions. FSC's website
can be found at fsc.fifthstreetfinance.com.
CONTACT:
Investor Contact:
Robyn Friedman, Executive Director, Head of Investor Relations
(203) 681-3720
ir@fifthstreetfinance.com
Media Contact:
James Golden / Aura Reinhard / Andrew Squire
Joele Frank Wilkinson Brimmer Katcher
(212) 355-4449
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