FS Specialty Lending Fund (NYSE:FSSL) Plans Monthly Dividend of $0.15

FS Specialty Lending Fund (NYSE:FSSL) declared a monthly dividend on Monday, October 12th. Stockholders of record on Wednesday, December 23rd will be given a dividend of $0.1495 per share on Thursday, December 31st. This represents a $1.79 annualized dividend and a dividend yield of 15.7%. The ex-dividend date of this dividend is Wednesday, December 23rd.

FS Specialty Lending Fund Trading Down 0.8%

FSSL opened at $11.44 on Tuesday. The firm has a 50-day moving average price of $11.63 and a 200-day moving average price of $11.63. FS Specialty Lending Fund has a twelve month low of $10.75 and a twelve month high of $15.00.

FS Specialty Lending Fund (NYSE: FSSL) is a closed-end investment company that has elected to operate as a business development company. The fund seeks to generate current income and, to a lesser extent, capital appreciation by investing primarily in privately negotiated debt and other investments issued by middle-market companies.

Its portfolio may include senior secured loans, unitranche and subordinated debt, unsecured debt, and equity or equity-related securities. Through these investments, FS Specialty Lending Fund provides financing to privately held businesses that may use the proceeds for acquisitions, recapitalizations, refinancing, growth initiatives, or other corporate purposes.

The fund is externally managed by FS/KKR Advisor, LLC, an investment adviser affiliated with FS Investments and KKR.