Fifth Street Finance (FSC) Passes Through 11% Yield Mark
“A stronger Europe means that everyone has to do its duty and not to ask for more money by others — that’s the wrong way to get a strong Europe, that’s the wrong incentive.” German FM: Greece needs until 2022 German FM: Eurozone in a better place His comments come ahead of the September 22 election, as Merkel faces a German electorate weary of Europe’s largest economy helping to bail out troubled eurozone nations, whose debt woes have threatened the stability of the currency. Greek unemployment hits record 27.6% Greece, along with three other eurozone countries — Portugal, Ireland and Cyprus — remain dependent on rescue loans from the EU and International Monetary Fund (IMF). The 17-nation eurozone has emerged from its longest ever recession, growing 0.3% in the second quarter after 18 months of contraction. Unemployment rates remain high, but worries that the debt crisis could spread to larger economies such as Spain and Italy — which both saw borrowing costs climb dangerously high last year — have abated.
Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 11% would appear considerably attractive if that yield is sustainable. Fifth Street Finance Corporation ( NASD: FSC ) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S.
Peru’s Finance Minister Cuts 2013 Growth Forecast to 5.7%
You must enter the verification code below to send. Invalid entry: Please type the verification code again. August 27, 2013, 3:50 p.m. ET Peru’s Finance Minister Cuts 2013 Growth Forecast to 5.7% Text By Robert Kozak LIMA, Peru–Finance Minister Luis Miguel Castilla estimated that gross domestic product will expand by 5.7% this year, down from a previous forecast of 6.3% growth. Mr.