American Capital Senior Floating, Ltd. Plans Monthly Dividend of $0.10 (NASDAQ:ACSF)
American Capital Senior Floating, Ltd. (NASDAQ:ACSF) declared a monthly dividend on Tuesday, August 8th, Wall Street Journal reports. Shareholders of record on Thursday, August 24th will be paid a dividend of 0.097 per share by the asset manager on Tuesday, September 5th. This represents a $1.16 dividend on an annualized basis and a yield of 9.58%. The ex-dividend date of this dividend is Tuesday, August 22nd.
Shares of American Capital Senior Floating (ACSF) traded down 3.95% during trading on Tuesday, reaching $12.15. The company’s stock had a trading volume of 143,024 shares. American Capital Senior Floating has a 1-year low of $10.55 and a 1-year high of $14.10. The company’s 50-day moving average price is $12.85 and its 200 day moving average price is $13.07.
American Capital Senior Floating (NASDAQ:ACSF) last posted its quarterly earnings data on Wednesday, May 10th. The asset manager reported $0.31 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.02. The company had revenue of $4.61 million during the quarter. American Capital Senior Floating had a net margin of 174.27% and a return on equity of 9.04%. Equities analysts forecast that American Capital Senior Floating will post $1.17 EPS for the current year.
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About American Capital Senior Floating
American Capital Senior Floating, Ltd. is a non-diversified closed-end investment management company. The Company’s investment objective is to provide attractive, risk-adjusted returns over the long term primarily through current income while seeking to preserve its capital. It manages a leveraged portfolio composed primarily of diversified investments in first lien and second lien floating rate loans principally to the United States-based companies (collectively, Senior Floating Rate Loans or SFRLs), which are referred to as leveraged loans.
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