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Stock Market & Financial Investment News

News Breaks
July 7, 2014
16:08 EDTFSCFifth Street Finance increases monthly dividend by 10%
Fifth Street Finance announced that its board declared monthly dividends of 9.17c per share for September through November, an annualized dividend run rate of $1.10 per share. The new dividend represents a 10% increase over the 8.33c per share monthly dividend declared through August.
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August 20, 2015
07:40 EDTFSCFifth Street Finance announces additional share repurchases
Fifth Street Finance announced that it intends to substantially increase the amount of its share repurchases in the current quarter. The company said, "We have begun, and expect to complete in the month of August, the initial $4.9M repurchase, which was detailed on our third quarter earnings conference call. In addition, if current market conditions persist, we plan to purchase a considerably larger amount of shares in September, prior to the commencement of our next quarterly blackout period on October 1. Share repurchases will be completed under the $100M share repurchase program authorized by our board, which expires on November 20."

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