Fifth Street Finance (FSC) Raises Monthly Dividend 10.1% to $0.0917; 11.1% Yield

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Fifth Street Finance Corp. Announces a 10% Increase to Its Monthly Dividend, Representing an Annualized Run Rate of $1.10 Per Share

July 7, 2014 4:05 PM EDT

WHITE PLAINS, NY, July 7, 2014 (GLOBE NEWSWIRE) -- Fifth Street Finance Corp. (NASDAQ: FSC) ("FSC") today announced that its Board of Directors declared monthly dividends of 9.17 cents per share for September 2014 through November 2014, an annualized dividend run rate of $1.10 per share. The new dividend represents a 10% increase over the 8.33 cents per share monthly dividend declared through August 2014.

The following table reflects the per share dividends which the Board of Directors declared on July 2, 2014:

      Record Date Payment Date... More