e497ad
Filed pursuant to Rule 497(a)
File No. 333-166012
Rule 482ad
Fifth Street Finance Corp. Declares Monthly Dividends of 10.66 Cents Per Share
WHITE PLAINS, N.Y., January 31, 2011 Fifth Street Finance Corp. (NYSE:FSC) (Fifth Street)
today announced that its Board of Directors has declared monthly dividends for the third fiscal
quarter of 2011 ending June 30, 2011.
The following table reflects the dividends which the Board of Directors declared on January 30,
2011:
|
|
|
|
|
|
|
|
|
|
Record Date |
|
Payment Date |
|
Amount |
|
|
April 1, 2011
|
|
April 29, 2011
|
|
$ |
0.1066 |
|
|
|
May 2, 2011
|
|
May 31, 2011
|
|
$ |
0.1066 |
|
|
|
June 1, 2011
|
|
June 30, 2011
|
|
$ |
0.1066 |
|
|
Dividends are paid from taxable income. Fifth Streets Board of Directors determines dividends
based on estimates of taxable income, which differ from book income due to changes in unrealized
appreciation and depreciation of investments and due to temporary and permanent differences in
income and expense recognition.
Fifth Streets amended dividend reinvestment plan (DRIP) provides for reinvestment of dividends,
unless a shareholder elects to receive cash. As a result, if Fifth Streets Board of Directors
declares a cash dividend, Fifth Streets shareholders who have not opted out of Fifth Streets
DRIP will have their cash dividends automatically reinvested in additional shares of Fifth Street
common stock, rather than receiving cash dividends. If you are a Fifth Street shareholder and your
shares of Fifth Street common stock are held through a brokerage firm or other financial
intermediary and you wish to participate in the DRIP, please contact your broker or other financial
intermediary.
About Fifth Street Finance Corp.
Fifth Street Finance Corp. is a specialty finance company that lends to and invests in small and
mid-sized companies in connection with investments by private equity sponsors. Fifth Street
Finance Corp.s investment objective is to maximize its portfolios total return by generating
current income from its debt investments and capital appreciation from its equity investments.
Forward-Looking Statements
This press release may contain certain forward-looking statements, including statements with regard
to the future performance of Fifth Street Finance Corp. Words such as believes, expects,
projects, anticipates, and future or similar expressions are intended to identify
forward-looking statements. These forward-looking statements are subject to the inherent
uncertainties in predicting future results and conditions. Certain factors could cause actual
results to differ materially from those projected in these forward-looking statements, and these
factors are identified from time to time in Fifth Street Finance Corp.s filings with the
Securities and Exchange Commission. Fifth Street Finance Corp. undertakes no obligation to
publicly update or revise any forward-looking statements, whether as a result of new information,
future events or otherwise.
|
|
|
CONTACT: |
|
Fifth Street Finance Corp.
Stacey Thorne, Executive Director, Investor Relations
(914) 286-6811
stacey@fifthstreetfinance.com |