Fifth Street Asset Management Inc (NASDAQ:FSAM) announces a quarterly dividend of $0.13

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Fifth Street Asset Management Inc (NASDAQ:FSAM) to go ex-dividend.
On 3/21/2017 Fifth Street Asset Management Inc ( NASDAQ:FSAM ) announced that it will be issuing a Quarterly dividend in the amount of $0.13 up from $0.13


Fifth Street Asset Management Inc (NASDAQ:FSAM) Ex- dividend date

Fifth Street Asset Management Inc (NASDAQ:FSAM) is set to go ex-dividend on 3/29/2017 and will be payable on 4/14/2017


Dividend History for Fifth Street Asset Management Inc (NASDAQ:FSAM)
There is an annual dividend of $$0.50 with a yield of 12.66% The payout ration for the trailing 12 months of earnings is -416.67% , 116.28% based on this years estimates and 138.89% based on next years projected estimates.

Recent Dividend History for Fifth Street Asset Management Inc (NASDAQ:FSAM)

  • On 1/22/2015 Fifth Street Asset Management Inc announced a special dividend of $0.30.
  • On 5/18/2015 Fifth Street Asset Management Inc announced a quarterly dividend of $0.17.
  • On 11/25/2015 Fifth Street Asset Management Inc announced a Quarterly dividend of $0.17.
  • On 3/14/2016 Fifth Street Asset Management Inc announced a Quarterly dividend of $0.10.
  • On 6/6/2016 Fifth Street Asset Management Inc announced a Quarterly dividend of $0.10.



About Company
Fifth Street Asset Management Inc. is an alternative asset manager. The Company provides asset management services to its investment funds (the Fifth Street Funds or the funds), which consist of Fifth Street Finance Corp. (FSC) and Fifth Street Senior Floating Rate Corp. (FSFR), both publicly-traded business development companies (together, the BDCs). Its segment provides asset management services to the Fifth Street Funds. The Company conducts all of its operations through its subsidiaries, Fifth Street Management LLC (FSM), Fifth Street CLO Management LLC (CLO Management) and FSCO GP LLC (FSCO GP). The funds, managed by the Company, provide financing solutions to small and mid-sized companies across their capital structures, mainly in connection with investments by private equity sponsors. It provides credit solutions across the capital structure, including one-stop financing, unitranche debt, senior secured debt, mezzanine debt, equity co-investments and venture debt financing.

Recent Insider Trading for Fifth Street Asset Management Inc (NASDAQ:FSAM)

  • On 8/30/2016 Nathaniel H August, Director, sold 440,408 with an average share price of $5.13 per share and the total transaction amounting to $2,259,293.04.
  • On 8/26/2016 Mangrove Partners Fund (Cayman, Major Shareholder, sold 215,478 with an average share price of $5.07 per share and the total transaction amounting to $1,092,473.46.
  • On 8/24/2016 Mangrove Partners Fund (Cayman, Major Shareholder, sold 17,232 with an average share price of $5.12 per share and the total transaction amounting to $88,227.84.
  • On 8/22/2016 Mangrove Partners Fund (Cayman, Major Shareholder, sold 3,620 with an average share price of $5.01 per share and the total transaction amounting to $18,136.20.
  • On 2/22/2016 David Einhorn, Major Shareholder, sold 250,000 with an average share price of $3.41 per share and the total transaction amounting to $852,500.00.
  • On 1/15/2016 Mangrove Partners Master Fund,, Major Shareholder, bought 196,531 with an average share price of $2.44 per share and the total transaction amounting to $479,535.64.



Recent Analyst Rating for Fifth Street Asset Management Inc (NASDAQ:FSAM)

  • On 5/18/2017 ValuEngine, Downgrade, fromStrong-Buy to Buy to Strong-Buy
  • On 11/7/2016 Credit Suisse Group AG, Reiterated Rating, to Hold with a price target of $4.00
  • On 8/25/2016 Deutsche Bank AG, Boost Price Target, to bought with a price target of $5.00 to $6.25
  • On 11/25/2015 FBR & Co, Lower Price Target, to Market Perform with a price target of $8.50 to $7.00
  • On 6/8/2015 Goldman Sachs Group Inc, Initiated Coverage, to Neutral with a price target of $10.00



Recent Trading for Fifth Street Asset Management Inc (NASDAQ:FSAM)
Shares of Fifth Street Asset Management Inc closed the previous trading session at 3.95 up +0.05 1.28% with 57,395 shares trading hands.

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