Thu, Jul 24, 2014, 11:40 AM EDT - U.S. Markets close in 4 hrs 20 mins

Recent

% | $
Click the to save as a favorite.

Fifth Street Finance Corp. Message Board

  • dmichael4 dmichael4 Oct 26, 2013 11:43 AM Flag

    New investor question for board

    Hi all, I'm looking at adding FSC to my portfolio and had a couple of easy questions for the board.
    Looks like FSC is a corporation, rather than an LLP, LLC, or MLP. And the dividends (or distributions) are paid monthly. Is that correct? Thanks very much.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Welcome on board. First, you should never invest in anything you do not understand or have not done your homework on; Second, you should never invest in anything just because of their high dividends. Third, you should buy only stocks/funds that you believe are undervalued and have good future growth potential because at the end of day you have to take full responsibility of your actions.

      I would not recommend buying MLP for your retirement accounts because having to deal with their UBTI (unrelated business taxable income) (from their dividends) can be tricky if you receive a lot of dividends from MLPs in your retirement accounts.

    • It is a Business Development Company (BDC) and it does pay monthly. There is some talk that the dividend might be reduced so study everything before you buy.............and learn what a BDC is.

 
FSC
9.820.00(0.00%)11:40 AMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.