Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) Announces Dividend Increase – $0.19 Per Share

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) declared a monthly dividend on Tuesday, December 17th,Wall Street Journal reports. Investors of record on Friday, February 21st will be given a dividend of 0.194 per share on Friday, February 28th. This represents a $2.33 dividend on an annualized basis and a yield of 18.05%. The ex-dividend date is Friday, February 21st. This is an increase from Blackstone / GSO Long-Short Credit Income Fund’s previous monthly dividend of $0.10.

Blackstone / GSO Long-Short Credit Income Fund Stock Down 1.1 %

BGX stock opened at $12.90 on Wednesday. The business’s 50-day moving average is $12.82 and its two-hundred day moving average is $12.76. Blackstone / GSO Long-Short Credit Income Fund has a 1 year low of $11.41 and a 1 year high of $13.24.

About Blackstone / GSO Long-Short Credit Income Fund

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.