Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Raises Dividend to $0.08 Per Share

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) announced a monthly dividend on Friday, June 12th. Investors of record on Tuesday, June 23rd will be paid a dividend of 0.082 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 9.1%. The ex-dividend date of this dividend is Tuesday, June 23rd. This is a 17.1% increase from Blackstone / GSO Long-Short Credit Income Fund’s previous monthly dividend of $0.07.

Blackstone / GSO Long-Short Credit Income Fund Price Performance

Shares of BGX opened at $10.87 on Friday. Blackstone / GSO Long-Short Credit Income Fund has a fifty-two week low of $10.38 and a fifty-two week high of $12.65. The business has a 50-day moving average of $10.90 and a 200 day moving average of $11.16.

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.