Blackstone / GSO Strategic Credit Fund (NYSE:BGB) Announces $0.11 Monthly Dividend

Blackstone / GSO Strategic Credit Fund (NYSE:BGB) announced a monthly dividend on Thursday, December 12th, Wall Street Journal reports. Shareholders of record on Tuesday, December 31st will be paid a dividend of 0.105 per share on Friday, January 31st. This represents a $1.26 annualized dividend and a yield of 8.95%. The ex-dividend date of this dividend is Monday, December 30th.

Shares of NYSE:BGB opened at $14.08 on Friday. Blackstone / GSO Strategic Credit Fund has a 1-year low of $13.03 and a 1-year high of $15.15. The business has a 50-day moving average price of $13.99 and a two-hundred day moving average price of $14.45.

Blackstone / GSO Strategic Credit Fund Company Profile

Blackstone/GSO Strategic Credit Fund is a close ended fixed income mutual fund launched and managed by GSO / Blackstone Debt Funds Management LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in the loans and other fixed income instruments including first- and second-lien secured loans and high-yield corporate bonds of different maturities.

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Dividend History for Blackstone / GSO Strategic Credit Fund (NYSE:BGB)

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