Fifth Street Finance Q4 Profit Rises

(RTTNews) - Fifth Street Finance Corp. (FSC) posted fourth-quarter net investment income of $28.7 million or $0.23 per share, compare to $22.3 million or $0.26 per share in the same period last year.

Earnings per share for the quarter were $0.21 per share, up from $0.31 per share in the prior year quarter.

On average, 13 analysts polled by Thomson Reuters expected the company to earn $0.26 per share for the quarter. Analysts' estimates typically exclude special items.

Further, the company said its Board of Directors has declared monthly dividends of $0.0833 per share, payable on January 31, 2014 to stockholders of record on January 15, 2014, $0.0833 per share, payable on February 28, 2014 to stockholders of record on February 14, 2014, $0.0833 per share, payable on March 31, 2014 to stockholders of record on March 14, 2014, $0.0833 per share, payable on April 30, 2014 to stockholders of record on April 15, 2014 and $0.0833 per share, payable on May 30, 2014 to stockholders of record on May 15, 2014.