Blackstone / GSO Strategic Credit Fund (NYSE:BGB) declared a — dividend on Friday, September 13th, Wall Street Journal reports. Stockholders of record on Thursday, October 24th will be paid a dividend of 0.111 per share on Thursday, October 31st. This represents a dividend yield of 9.2%. The ex-dividend date of this dividend is Wednesday, October 23rd.
Blackstone / GSO Strategic Credit Fund has raised its dividend payment by an average of 0.1% per year over the last three years.
Shares of Blackstone / GSO Strategic Credit Fund stock traded up $0.01 on Friday, reaching $14.85. The company had a trading volume of 9,309 shares, compared to its average volume of 161,206. The firm’s 50-day moving average price is $14.59 and its two-hundred day moving average price is $14.58. Blackstone / GSO Strategic Credit Fund has a 1 year low of $13.03 and a 1 year high of $16.02.
Blackstone/GSO Strategic Credit Fund is a close ended fixed income mutual fund launched and managed by GSO / Blackstone Debt Funds Management LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in the loans and other fixed income instruments including first- and second-lien secured loans and high-yield corporate bonds of different maturities.
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