FS Specialty Lending Fund (FSSL) to Issue Monthly Dividend of $0.15 on August 31st

FS Specialty Lending Fund (NYSE:FSSL) declared a monthly dividend on Tuesday, August 11th. Shareholders of record on Monday, August 24th will be given a dividend of 0.1495 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 15.4%. The ex-dividend date of this dividend is Monday, August 24th. This is a 8.7% increase from FS Specialty Lending Fund’s previous monthly dividend of $0.14.

FS Specialty Lending Fund Trading Up 1.3%

Shares of FS Specialty Lending Fund stock opened at $11.67 on Friday. The firm has a 50-day moving average of $11.22. FS Specialty Lending Fund has a 1 year low of $10.75 and a 1 year high of $15.00.

FS Specialty Lending Fund, Inc (NYSE: FSSL) is a publicly listed, closed-end management investment company that provides investors with exposure to specialty finance and private credit markets. The fund seeks to generate current income and long?term capital appreciation primarily through investments in credit instruments, with a focus on lending strategies that complement traditional fixed?income allocations. It is sponsored and managed by an adviser affiliated with FS Investments.

The fund’s investment activities typically include originating, acquiring, and managing a diversified portfolio of debt instruments such as senior secured loans, subordinated debt, mezzanine financing, and other specialty finance products.