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

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) declared a monthly dividend on Friday, June 12th. Investors of record on Tuesday, June 23rd will be given a dividend of 0.082 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 9.1%. The ex-dividend date 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 Trading Down 0.0%

NYSE:BGX opened at $10.87 on Friday. The firm’s fifty day moving average price is $10.90 and its 200 day moving average price is $11.16. Blackstone / GSO Long-Short Credit Income Fund has a 1-year low of $10.38 and a 1-year high of $12.65.

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.