GREENWICH, CT, Oct. 24, 2016 (GLOBE NEWSWIRE) -- Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR) (“FSFR”) today announced that its Board of Directors declared on October 19, 2016 a consistent monthly dividend of 7.5 cents per share for December 2016 through February 2017. The dividend represents an annualized run rate of $0.90 per share.
The following table reflects the per share dividends:
| Record Date | Payment Date | Amount | ||||
| December 15, 2016 | December 30, 2016 | $ | 0.075 | |||
| January 13, 2017 | January 31, 2017 | $ | 0.075 | |||
| February 15, 2017 | February 28, 2017 | $ | 0.075 | |||
About Fifth Street Senior Floating Rate Corp.
Fifth Street Senior Floating Rate Corp. is a specialty finance company that provides financing solutions in the form of floating rate senior secured loans to mid-sized companies, primarily in connection with investments by private equity sponsors. FSFR's investment objective is to maximize its portfolio's total return by generating current income from its debt investments while seeking to preserve its capital. The company has elected to be regulated as a business development company and is externally managed by a subsidiary of Fifth Street Asset Management Inc. (NASDAQ:FSAM), a nationally recognized credit-focused asset manager with over $5 billion in assets under management across multiple public and private vehicles. With a track record of over 18 years, Fifth Street's platform has the ability to hold loans up to $250 million and structure and syndicate transactions up to $500 million. Fifth Street received the 2015 ACG New York Champion's Award for "Lender Firm of the Year," and other previously received accolades include the ACG New York Champion's Award for "Senior Lender Firm of the Year," "Lender Firm of the Year" by The M&A Advisor and "Lender of the Year" by Mergers & Acquisitions. FSFR's website can be found at fsfr.fifthstreetfinance.com.