Fifth Street Finance Corporation (FSC) announced its monthly dividend of 9.58 cents per share, a decrease of about 10% from its prior dividend in November of 10.7 cents. Based on the current stock price, investors can expect a yield of about 11.7% going forward.
Shares are lower by almost 3% today.
In other dividend news, Capital One Financial (COF) maintained its quarterly dividend of 5 cents per share. Redwood Trust (RWT) maintained its quarterly dividend of 25 cents per share. And Lowe's (LOW) declared its quarterly dividend of 14 cents per share.
Among dividend increases, QR Energy (QRE) announced its quarterly distribution of 47.5 cents per share, an increase of about 15% over.
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