Blackstone / GSO Long-Short Credit Income Fund (BGX) to Issue Monthly Dividend of $0.08 on October 30th

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) announced a monthly dividend on Friday, September 11th. Stockholders of record on Friday, October 23rd will be paid a dividend of $0.08 per share on Friday, October 30th. This represents a $0.96 annualized dividend and a dividend yield of 9.2%. The ex-dividend date is Friday, October 23rd.

Blackstone / GSO Long-Short Credit Income Fund Price Performance

Shares of BGX stock traded up $0.06 during trading hours on Wednesday, reaching $10.44. The company had a trading volume of 45,867 shares, compared to its average volume of 75,959. Blackstone / GSO Long-Short Credit Income Fund has a twelve month low of $10.36 and a twelve month high of $11.98. The stock’s fifty day simple moving average is $10.65 and its 200 day simple moving average is $10.78.

Blackstone / GSO Long-Short Credit Income Fund Company Profile

Blackstone / GSO Long-Short Credit Income Fund (NYSE: BGX) is a closed-end investment fund that seeks to generate current income and total returns by investing in a diversified portfolio of credit-related assets. Unlike an operating company, the fund does not sell products or services to consumers; it provides investors with access to professionally managed credit investments.

The fund uses a flexible long-short investment strategy and may invest in leveraged loans, high-yield corporate bonds, structured credit instruments and other debt securities.