Blackstone / GSO Long-Short Credit Income Fund (BGX) to Issue Monthly Dividend of $0.08 on August 31st

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) announced a monthly dividend on Friday, June 12th. Investors of record on Monday, August 24th will be given a dividend of 0.082 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 9.1%. The ex-dividend date is Monday, August 24th.

Blackstone / GSO Long-Short Credit Income Fund Stock Performance

BGX remained flat at $10.80 during midday trading on Friday. 73,439 shares of the company’s stock traded hands, compared to its average volume of 75,441. The firm has a 50 day moving average of $10.82 and a 200-day moving average of $10.88. Blackstone / GSO Long-Short Credit Income Fund has a 1-year low of $10.38 and a 1-year high of $12.60.

About Blackstone / GSO Long-Short Credit Income Fund

Blackstone/GSO Long-Short Credit Income Fund (NYSE: BGX) is a closed-end management investment company that seeks to generate high current income and total return through a flexible, actively managed credit strategy. Listed on the New York Stock Exchange, the fund is externally managed by Blackstone Credit (formerly GSO Capital Partners), the credit investment platform of Blackstone Inc By combining long and short positions in corporate credit instruments, BGX aims to capitalize on inefficiencies across credit markets while managing downside risk.

The fund’s core investment activities encompass a diverse range of credit instruments, including senior secured loans, high-yield bonds, convertible securities and structured products.