Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) to Issue $0.08 Monthly Dividend

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) announced a monthly dividend on Friday, June 12th. Stockholders 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 dividend yield of 9.1%. The ex-dividend date of this dividend is Monday, August 24th.

Blackstone / GSO Long-Short Credit Income Fund Price Performance

Shares of BGX opened at $10.80 on Friday. Blackstone / GSO Long-Short Credit Income Fund has a 1-year low of $10.38 and a 1-year high of $12.60. The company’s fifty day moving average price is $10.82 and its 200-day moving average price is $10.88.

Blackstone / GSO Long-Short Credit Income Fund Company Profile

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.