Blackstone / GSO Long-Short Credit Income Fund Plans Monthly Dividend of $0.10 (NYSE:BGX)

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) announced a monthly dividend on Monday, September 16th, Wall Street Journal reports. Stockholders of record on Thursday, October 24th will be paid a dividend of 0.101 per share on Thursday, October 31st. This represents a $1.21 annualized dividend and a dividend yield of 9.31%. The ex-dividend date of this dividend is Thursday, October 24th.

Blackstone / GSO Long-Short Credit Income Fund Stock Performance

Shares of NYSE:BGX traded up $0.02 during mid-day trading on Monday, reaching $13.02. The stock had a trading volume of 37,658 shares, compared to its average volume of 57,573. Blackstone / GSO Long-Short Credit Income Fund has a twelve month low of $10.90 and a twelve month high of $13.24. The firm has a 50 day simple moving average of $12.74 and a two-hundred day simple moving average of $12.52.

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.