Dividend Reporting: Nov 30, 2016 is the day that Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR) shareholders will see dividends of $0.08?

Dividend Reporting: Nov 30, 2016 is the day that Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR) shareholders will see dividends of $0.08?

Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR) is expected to pay $0.08 on Nov 30, 2016. The indicated annual dividend is $0.90. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Fifth Street Senior Floating Rate Corp.’s current price of $8.69, the dividend is 0.86%. This dividend’s record date is Nov 15, 2016 and the announcement date is Aug 29, 2016. The stock increased 0.93% or $0.08 on November 8, hitting $8.69. Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) has risen 11.98% since April 7, 2016 and is uptrending. It has outperformed by 7.20% 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 $253.71 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 2016 Q2. Its up 0.27, from 0.79 in 2016Q1. The ratio is positive, 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.
Citigroup Incorporated owns 13,917 shares or 0% of their US portfolio. Us Natl Bank De holds 0% of its portfolio in Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) for 200 shares. Millennium Mgmt Lc owns 53,900 shares or 0% of their US portfolio. Jpmorgan Chase Co holds 342,971 shares or 0% of its portfolio. Kcg Hldgs has invested 0% of its portfolio in Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR). Pnc Fin Gru Incorporated holds 0% of its portfolio in Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) for 10,000 shares. Springbok Capital Ltd Llc has 0% invested in the company for 1,300 shares. Gsa Cap Prtn Limited Liability Partnership owns 47,537 shares or 0.02% of their US portfolio. Summit Secs Group Incorporated Ltd Co owns 16,742 shares or 0.07% of their US portfolio. Portland Inv Counsel accumulated 47,390 shares or 0.54% of the stock. Bb&T Secs Limited Com has 60,600 shares for 0.01% of their US portfolio. Pdts Prtn Limited Liability Com reported 12,400 shares or 0.01% of all its holdings. Royal Savings Bank Of Canada has 1,000 shares for 0% of their US portfolio. Ladenburg Thalmann Finance has 0% invested in the company for 8,916 shares. Raymond James And Associates accumulated 14,400 shares or 0% of the stock.

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. The firm has “Buy” rating by Maxim Group given on Wednesday, August 12. Deutsche Bank maintained Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) on Thursday, May 12 with “Buy” rating. On Wednesday, August 12 the stock rating was maintained by Deutsche Bank with “Buy”. The stock of Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) earned “Buy” rating by Maxim Group on Thursday, February 11.

More notable recent Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) news were published by: Nasdaq.com which released: “Fifth Street Senior Floating Rate Corp. Schedules Earnings Release for the …” on October 10, 2016, also Businesswire.com with their article: “Ironsides Files Definitive Proxy Statement for Fifth Street Senior Floating …” published on March 09, 2016, Nasdaq.com published: “Fifth Street Senior Floating Rate Corp. (FSFR) Ex-Dividend Date Scheduled for …” on October 11, 2016. More interesting news about Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR) were released by: Seekingalpha.com and their article: “Fifth Street Senior Floating Rate Corporation (FSFR) Management on Q3 2016 …” published on August 10, 2016 as well as Seekingalpha.com‘s news article titled: “Why I Love This Hated 10.5% Yielder” with publication date: November 02, 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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