Dividend Flows Coverage: Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR) will be paying shareholders dividends of $0.08 on Oct 31, 2016.

Dividend Flows Coverage: Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR) will be paying shareholders dividends of $0.08 on Oct 31, 2016.

Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR) is expected to pay $0.08 on Oct 31, 2016. The indicated annual dividend is $0.90. Shareholders owning the stock before Oct 12, 2016 will be eligible to receive the payout. Based on Fifth Street Senior Floating Rate Corp.’s current price of $8.90, the dividend is 0.84%. This dividend’s record date is Oct 14, 2016 and the announcement date is Aug 24, 2016. The stock increased 1.14% or $0.1 during the last trading session, hitting $8.9. Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) has risen 17.57% since March 8, 2016 and is uptrending. It has outperformed by 8.25% the S&P500.

Fifth Street Senior Floating Rate Corp. is the United States closed-end, non-diversified management investment company. The company has a market cap of $259.31 million. The Company’s investment objective is to maximize its portfolio’s total return by generating income from its debt investments while seeking to preserve its capital. It currently has negative earnings. The Firm invests in senior secured loans, including first lien, unitranche and second lien debt instruments.

Insitutional Activity: The institutional sentiment increased to 1.06 in Q2 2016. Its up 0.27, from 0.79 in 2016Q1. The ratio improved, as 4 funds sold all Fifth Street Senior Floating Rate Corp shares owned while 13 reduced positions. 7 funds bought stakes while 11 increased positions. They now own 8.41 million shares or 11.07% more from 7.57 million shares in 2016Q1.
Hudock Grp Incorporated Ltd Liability Corporation last reported 493 shares in the company. Royal National Bank & Trust Of Canada holds 0% of its portfolio in Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) for 1,000 shares. Gsa Prns Llp, a United Kingdom-based fund reported 47,537 shares. Hotchkis Wiley Cap Mngmt Ltd Liability Corporation accumulated 0% or 70,232 shares. Ares Mgmt Lc holds 0.26% or 404,270 shares in its portfolio. Morgan Stanley last reported 1.23 million shares in the company. Rivernorth Management Limited Co has invested 0.83% of its portfolio in Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR). Jpmorgan Chase And Co has 0% invested in the company for 342,971 shares. Citigroup Inc reported 13,917 shares or 0% of all its holdings. Citadel Advsr Ltd Liability Corp accumulated 12,881 shares or 0% of the stock. California Employees Retirement System has 0% invested in the company for 80,000 shares. Mariner Invest Grp Lc holds 255,986 shares or 0.69% of its portfolio. Portland Counsel accumulated 47,390 shares or 0.54% of the stock. Bessemer Grp has invested 0% of its portfolio in Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR). Moreover, Pnc Services Grp Incorporated has 0% invested in Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) for 10,000 shares.

Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) Ratings Coverage

Out of 3 analysts covering Fifth Street Senior (NASDAQ:FSFR), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Fifth Street Senior has been the topic of 7 analyst reports since August 12, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained it with “Buy” rating and $11 target price in Wednesday, August 12 report. As per Thursday, February 11, the company rating was maintained by Maxim Group. The firm has “Buy” rating by Deutsche Bank given on Thursday, May 12. Maxim Group maintained it with “Buy” rating and $11 target price in Wednesday, August 12 report.

More important recent Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) news were published by: Globenewswire.com which released: “Fifth Street Senior Floating Rate Corp. Schedules Earnings Release for the …” on October 10, 2016, also Seekingalpha.com published article titled: “Fifth Street Senior Floating Rate Corporation (FSFR) Management on Q3 2016 …”, Nasdaq.com published: “Fifth Street Senior Floating Rate Corp. (FSFR) Ex-Dividend Date Scheduled for …” on July 12, 2016. More interesting news about Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) was released by: Businesswire.com and their article: “Ironsides Files Definitive Proxy Statement for Fifth Street Senior Floating …” with publication date: March 09, 2016.

FSFR Company Profile

Fifth Street Senior Floating Rate Corp., incorporated on May 22, 2013, is a closed-end, non-diversified management investment company. The Firm investment objective is to maximize the Company’s portfolio’s total return by generating income from its debt investments while seeking to preserve its capital. The Firm intends to achieve its investment objective by investing primarily in senior secured loans, including first lien, unitranche and second lien debt instruments, that pay interest at rates, which are determined periodically on the basis of a floating base lending rate, made to private middle market companies whose debt is rated below investment grade, which the Company refer to collectively as senior loans. The Company’s investment adviser is Fifth Street Management.

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