Reminder – Fifth Street Finance (FSC) Goes Ex-Dividend Soon

Five Takeaways on Housing-Finance Reform From Obama’s Town Hall

As a percentage of FSCs recent stock price of $10.77, this dividend works out to approximately 0.89%, so look for shares of Fifth Street Finance Corporation to trade 0.89% lower all else being equal when FSC shares open for trading on 8/13/13. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen or click here to find out which 9 other stocks going ex-dividend you should know about, at DividendChannel.com Below is a dividend history chart for FSC, showing historical dividends prior to the most recent $0.0958 declared by Fifth Street Finance Corporation: 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 10.67% 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, FSCs low point in its 52 week range is $9.66 per share, with $11.13 as the 52 week high point that compares with a last trade of $10.79.

FSC+Dividend+History+Chart

* Russia’s Onexim group, owned by tycoon Mikhail Prokhorov, is in talks to buy half of mobile phone retailer Svyaznoy, Kommersant newspaper said on Friday, citing sources. * CVC Capital Partners Ltd and KKR & Co have expressed interest in buying Neiman Marcus Inc, the luxury retailer that filed for an initial public offering in June, Bloomberg reported, citing people familiar with the matter. () * Starboard Value LP, an investor in Smithfield Foods Inc , approached buyout firms and meat processors to encourage them to form a bidding group to derail a Chinese takeover, said two people familiar with the process, Bloomberg reported. ()

Market Chatter-Corporate finance press digest

Obama again made overtures towards the bill thats been the work of bipartisan lawmakers, led by Sens. Bob Corker (R., Tenn.) and Mark Warner (D., Va.), to replace Fannie and Freddie with a new framework of having the government act as a reinsurer of certain mortgage-backed securities. The principles they have announced are pretty consistent with the ones announced by me, said Mr. Obama.

Fix the mortgage finance system

There are big disagreements to be bridged, though, particularly about what Congress should replace Fannie and Freddie with if anything. The president signaled support for a Senate plan on which Mr. Corker has been working with Sen. Mark R.

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