Blackstone / GSO Long-Short Credit Income Fund to Issue Monthly Dividend of $0.09 (NYSE:BGX)

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) announced a monthly dividend on Tuesday, March 18th, Wall Street Journal reports. Stockholders of record on Thursday, May 22nd will be paid a dividend of 0.086 per share on Friday, May 30th. This represents a $1.03 dividend on an annualized basis and a dividend yield of 8.29%. The ex-dividend date is Thursday, May 22nd.

Blackstone / GSO Long-Short Credit Income Fund Price Performance

NYSE BGX opened at $12.45 on Tuesday. Blackstone / GSO Long-Short Credit Income Fund has a 52-week low of $12.09 and a 52-week high of $13.24. The business’s 50-day moving average price is $12.71 and its 200 day moving average price is $12.79.

About Blackstone / GSO Long-Short Credit Income Fund

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.