Fifth Street Senior Floating Rate Corp. Declares Consistent Monthly Dividend
October 24 2016 - 7:33AM
Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR) (“FSFR”)
today announced that its Board of Directors declared on October 19,
2016 a consistent monthly dividend of 7.5 cents per share for
December 2016 through February 2017. The dividend represents
an annualized run rate of $0.90 per share.
The following table reflects the per share dividends:
Record Date |
|
Payment Date |
|
Amount |
December 15, 2016 |
|
December 30, 2016 |
|
$ |
0.075 |
|
January 13, 2017 |
|
January 31, 2017 |
|
$ |
0.075 |
|
February 15, 2017 |
|
February 28, 2017 |
|
$ |
0.075 |
|
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 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. FSFR's website can be
found at fsfr.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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