Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Investors Snatch VRTS Even Lower Than Its Secondary Stock Offering
Monday, January 30, 3:21 PM ET, by Market News Video Staff
Looking back to 3 days ago, Virtus Investment Partners Incorporated (VRTS) priced a 910,000 share ...
APAM Crosses Above Key Moving Average Level
Tuesday, January 31, 4:33 PM ET, by Market News Video Staff
In trading on Tuesday, shares of Artisan Partners Asset Management Inc (APAM) crossed above their ...
FSC Ex-Dividend Reminder - 2/13/17
Thursday, February 9, 10:35 AM ET, by Market News Video Staff
On 2/13/17, Fifth Street Finance Corporation (FSC) will trade ex-dividend, for its monthly dividend of ...
RSI Alert: Fifth Street Finance (FSC) Now Oversold
Thursday, February 9, 11:57 AM ET, by Market News Video Staff
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
Notable Two Hundred Day Moving Average Cross - APAM
Tuesday, February 28, 1:48 PM ET, by Market News Video Staff
In trading on Tuesday, shares of Artisan Partners Asset Management Inc (APAM) crossed below their ...
Top Buys by Top Brass: CEO Tannenbaum's $380.1K Bet on FSC
By Dividend Channel Staff, Thursday, June 14, 12:02 PM ET
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by the ''top brass'' over the trailing six month period, one of which was a total of $380.1K invested across 2 purchases by Leonard M. Tannenbaum, CEO at Fifth Street Finance Corporation (NASDAQ:FSC).
Tannenbaum bets big on FSC:
||Leonard M. Tannenbaum
||Leonard M. Tannenbaum
Tannenbaum's average cost works out to $9.50/share. Shares of Fifth Street Finance Corporation were changing hands at $9.60 at last check, trading up about 0.5% on Thursday. The chart below shows the one year performance of FSC shares, versus its 200 day moving average:
Looking at the chart above, FSC's low point in its 52 week range is $8.38 per share, with $12.00 as the 52 week high point — that compares with a last trade of $9.60.
The current annualized dividend paid by Fifth Street Finance Corporation is $1.1496/share, currently paid in monthly installments, and its most recent dividend has an upcoming ex-date of 07/11/2012. Below is a long-term dividend history chart for FSC, which can be of good help in judging whether the most recent dividend with approx. 12.0% annualized yield is likely to continue.
According to the ETF Finder at ETF Channel, FSC makes up 1.82% of the SPDR S&P Capital Markets ETF (AMEX:KCE) which is trading up by about 0.5% on the day Thursday.
See what other ETFs contain FSC »
See what other stocks are held by KCE »
Special Offer: Establish a secure stream of income during your retirement years by following the Retiree Income Portfolio with this free 30 day trial
This Article's Word Cloud: