Blackstone/GSO Strategic Credit Fund (NYSE:BGB) Plans $0.07 Monthly Dividend

Blackstone/GSO Strategic Credit Fund (NYSE:BGB) announced a monthly dividend on Monday, September 13th, Wall Street Journal reports. Investors of record on Thursday, September 23rd will be given a dividend of 0.072 per share on Thursday, September 30th. This represents a $0.86 dividend on an annualized basis and a yield of 6.18%. The ex-dividend date of this dividend is Wednesday, September 22nd.

Shares of BGB opened at $13.99 on Wednesday. The firm’s 50 day moving average price is $13.87 and its 200 day moving average price is $13.62. Blackstone/GSO Strategic Credit Fund has a twelve month low of $11.60 and a twelve month high of $14.10.

About Blackstone/GSO Strategic Credit Fund

Blackstone Strategic Credit Fund is a diversified and closed-end investment company, which invests in portfolios, loans, and other fixed income instruments. It involves securities from US Corporate issuers, including first- and second-lien loans, and high yield corporate bonds of varying maturities. The company was founded on March 28, 2012 and is headquartered in New York, NY.

See Also: Initial Coin Offering (ICO)

Dividend History for Blackstone/GSO Strategic Credit Fund (NYSE:BGB)

Receive News & Ratings for Blackstone/GSO Strategic Credit Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackstone/GSO Strategic Credit Fund and related companies with MarketBeat.com's FREE daily email newsletter.