Fifth Street Senior Floating Rate Corp. Declares Consistent Monthly Dividend and Reschedules Earnings Release for the Fiscal ...
December 01 2015 - 4:15PM
Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR) ("FSFR")
today announced that its Board of Directors declared a consistent
monthly dividend of 7.5 cents per share for December 2015 through
February 2016. The dividend represents an annualized run rate of
$0.90 per share.
The following table reflects the per share dividends which the
Board of Directors declared on November 30, 2015:
|
|
|
Record Date |
Payment Date |
Amount |
December 11, 2015 |
December 22, 2015 |
$0.075 |
January 4, 2016 |
January 15, 2016 |
$0.075 |
February 5, 2016 |
February 16, 2016 |
$0.075 |
Additionally, FSFR has rescheduled its earnings report for the
quarter and fiscal year ended September 30, 2015 and now plans to
report earnings after the financial markets close in New York on
Monday, December 14, 2015.
FSFR will hold a conference call at 11:00 a.m. (Eastern Time) on
Tuesday, December 15, 2015, to discuss its financial
results. All interested parties are welcome to
participate. Domestic callers can access the conference call
by dialing (877) 369-6549. International callers can access
the conference call by dialing +1 (330) 863-3349. All callers
will need to enter the Conference ID Number 55957046 and reference
"Fifth Street Senior Floating Rate Corp." after being connected
with the operator. All callers are asked to dial in 10-15
minutes prior to the call so that name and company information can
be collected.
An archived replay of the call will be available approximately
four hours after the end of the conference call and will be
available through December 22, 2015, to domestic callers by dialing
(855) 859-2056 and to international callers by dialing +1 (404)
537-3406. For all replays, please reference Conference ID
Number 55957046. An archived replay will also be available
online on the "Investor Relations" section of FSFR's website under
the "News & Events – Calendar of Events" section. FSFR's
website can be accessed at fsfr.fifthstreetfinance.com.
About Fifth Street Senior Floating Rate Corp.
Fifth Street Senior Floating Rate Corp. is a specialty
finance company that provides financing solutions in the form of
floating rate senior secured loans to mid-sized companies,
primarily in connection with investments by private equity
sponsors. FSFR's investment objective is to maximize its
portfolio's total return by generating current income from its debt
investments while seeking to preserve its capital. 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 17 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. FSFR's website can be
found at fsfr.fifthstreetfinance.com.
Forward-Looking Statements
This press release may contain certain forward-looking
statements, including statements with regard to the future
performance of the company. Words such as "believes,"
"expects," "estimates," "projects," "anticipates," and "future" or
similar expressions are intended to identify forward-looking
statements. These forward-looking statements are subject to
the inherent uncertainties in predicting future results and
conditions. Certain factors could cause actual results to
differ materially from those projected in these forward-looking
statements, and these factors are identified from time to time in
the company's filings with the Securities and Exchange
Commission. The company undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
CONTACT: Investor Contact:
Robyn Friedman, Senior Vice President,
Head of Investor Relations
(203) 681-3720
ir@fifthstreetfinance.com
Media Contact:
Tom Becker
Sitrick And Company
(212) 573-6100
Tom_Becker@sitrick.com
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