Blackstone/GSO Senior Floating Rate Term Fund (NYSE:BSL) announced a monthly dividend on Wednesday, November 15th, Wall Street Journal reports. Shareholders of record on Wednesday, February 21st will be paid a dividend of 0.097 per share on Wednesday, February 28th. This represents a $1.16 dividend on an annualized basis and a yield of 6.47%. The ex-dividend date of this dividend is Tuesday, February 20th.
Blackstone/GSO Senior Floating Rate Term Fund has decreased its dividend by an average of 1.3% annually over the last three years.
Shares of Blackstone/GSO Senior Floating Rate Term Fund (NYSE:BSL) opened at $17.98 on Thursday. Blackstone/GSO Senior Floating Rate Term Fund has a one year low of $17.01 and a one year high of $18.80.
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Blackstone / GSO Senior Floating Rate Term Fund (Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek high current income, with a secondary objective to seek preservation of capital, consistent with its primary goal of high current income.
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