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 (NYSE:COF) maintained its quarterly dividend of 5 cents per share. Redwood Trust (NYSE:RWT) maintained its quarterly dividend of 25 cents per share. And Lowe's (NYSE: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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