Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR) declared a quarterly dividend on Thursday, August 10th, Wall Street Journal reports. Investors of record on Friday, September 15th will be given a dividend of 0.19 per share by the investment management company on Friday, September 29th. This represents a $0.76 dividend on an annualized basis and a yield of 8.78%. The ex-dividend date is Thursday, September 14th.

Shares of Fifth Street Senior Floating Rate Corp. (NASDAQ FSFR) traded up 2.36% during midday trading on Thursday, reaching $8.66. The company’s stock had a trading volume of 120,867 shares. Fifth Street Senior Floating Rate Corp. has a one year low of $7.30 and a one year high of $10.37. The stock’s 50-day moving average is $8.25 and its 200-day moving average is $8.46.

Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR) last issued its quarterly earnings data on Wednesday, August 9th. The investment management company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.02. The company had revenue of $12.03 million during the quarter. Fifth Street Senior Floating Rate Corp. had a return on equity of 7.29% and a net margin of 30.81%. On average, analysts expect that Fifth Street Senior Floating Rate Corp. will post $0.74 EPS for the current year.

COPYRIGHT VIOLATION WARNING: This story was originally posted by Daily Political and is owned by of Daily Political. If you are viewing this story on another domain, it was stolen and republished in violation of US and international trademark and copyright law. The original version of this story can be accessed at https://www.dailypolitical.com/2017/08/10/fifth-street-senior-floating-rate-corp-nasdaqfsfr-plans-0-19-quarterly-dividend.html.

FSFR has been the subject of several research analyst reports. TheStreet upgraded Fifth Street Senior Floating Rate Corp. from a “c” rating to a “b-” rating in a research report on Monday, June 12th. Zacks Investment Research upgraded Fifth Street Senior Floating Rate Corp. from a “strong sell” rating to a “hold” rating in a research report on Monday, April 17th. Maxim Group restated a “hold” rating on shares of Fifth Street Senior Floating Rate Corp. in a research report on Thursday. Deutsche Bank AG restated a “hold” rating and set a $9.25 price target (up from $8.50) on shares of Fifth Street Senior Floating Rate Corp. in a research report on Tuesday, July 18th. Finally, BidaskClub lowered Fifth Street Senior Floating Rate Corp. from a “sell” rating to a “strong sell” rating in a research report on Monday, July 17th. One equities research analyst has rated the stock with a sell rating and three have given a hold rating to the company. The stock presently has an average rating of “Hold” and an average target price of $9.25.

About Fifth Street Senior Floating Rate Corp.

Fifth Street Senior Floating Rate Corp. is a closed-end, non-diversified management investment company. The Company operates as a specialty finance company. The Company’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.

Dividend History for Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR)

Receive News & Ratings for Fifth Street Senior Floating Rate Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fifth Street Senior Floating Rate Corp. and related companies with MarketBeat.com's FREE daily email newsletter.