Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Raises Dividend to $0.19 Per Share

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) announced a monthly dividend on Tuesday, December 17th,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be paid a dividend of 0.194 per share on Friday, February 28th. This represents a $2.33 annualized dividend and a yield of 18.17%. The ex-dividend date is Friday, February 21st. This is a boost from Blackstone / GSO Long-Short Credit Income Fund’s previous monthly dividend of $0.10.

Blackstone / GSO Long-Short Credit Income Fund Trading Down 0.7 %

NYSE:BGX opened at $12.81 on Thursday. The firm’s fifty day moving average price is $12.82 and its two-hundred day moving average price is $12.76. Blackstone / GSO Long-Short Credit Income Fund has a one year low of $11.41 and a one year high of $13.24.

Blackstone / GSO Long-Short Credit Income Fund Company Profile

Blackstone / GSO Long-Short Credit Income Fund is a close-ended fixed income mutual fund launched by The Blackstone Group LP. The fund is managed by GSO / Blackstone Debt Funds Management LLC. It takes both long and short positions to invest in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.