Blackstone / GSO Long-Short Credit Income Fund Plans Monthly Dividend of $0.11 (NYSE:BGX)

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) announced a monthly dividend on Tuesday, June 11th, Wall Street Journal reports. Shareholders of record on Friday, August 23rd will be given a dividend of 0.105 per share on Friday, August 30th. This represents a $1.26 dividend on an annualized basis and a yield of 9.77%. The ex-dividend date is Friday, August 23rd.

Blackstone / GSO Long-Short Credit Income Fund Stock Performance

BGX stock opened at $12.90 on Thursday. The company’s fifty day simple moving average is $12.62 and its 200 day simple moving average is $12.41. Blackstone / GSO Long-Short Credit Income Fund has a 12-month low of $10.90 and a 12-month high of $13.24.

Blackstone / GSO Long-Short Credit Income Fund Company Profile

Blackstone / GSO Long-Short Credit Income Fund is a close-ended fixed income mutual fund launched by The Blackstone Group LP. The fund is managed by GSO / Blackstone Debt Funds Management LLC. It takes both long and short positions to invest in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.