Looking at the universe of stocks we cover at Dividend Channel , on 6/12/14, Fifth Street Finance Corporation (Symbol: FSC) will trade ex-dividend, for its monthly dividend of $0.0833, payable on 6/30/14. As a percentage of FSC's recent stock price of $9.46, this dividend works out to approximately 0.88%, so look for shares of Fifth Street Finance Corporation to trade 0.88% lower - all else being equal - when FSC shares open for trading on 6/12/14.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FSC is likely to continue, and whether the current estimated yield of 10.57% on annualized basis is a reasonable expectation of annual yield going forward. 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 $8.94 per share, with $10.96 as the 52 week high point - that compares with a last trade of $9.47.
According to the ETF Finder at ETF Channel, FSC makes up 5.18% of the BDC Income ETF (Symbol: BIZD) which is trading lower by about 0.1% on the day Tuesday.
In Tuesday trading, Fifth Street Finance Corporation shares are currently up about 0.1% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.