Blackstone / GSO Long-Short Credit Income Fund (BGX) to Issue Monthly Dividend of $0.10 on August 31st

Posted by on Aug 21st, 2023

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX – Get Free Report) declared a monthly dividend on Monday, June 12th, Wall Street Journal reports. Stockholders of record on Thursday, August 24th will be paid a dividend of 0.104 per share on Thursday, August 31st. This represents a $1.25 dividend on an annualized basis and a dividend yield of 10.93%. The ex-dividend date is Wednesday, August 23rd.

Blackstone / GSO Long-Short Credit Income Fund has decreased its dividend payment by an average of 11.0% annually over the last three years and has raised its dividend annually for the last 1 consecutive years.

Blackstone / GSO Long-Short Credit Income Fund Trading Up 0.3 %

Shares of NYSE BGX opened at $11.42 on Monday. Blackstone / GSO Long-Short Credit Income Fund has a 1-year low of $10.58 and a 1-year high of $12.54. The business’s 50 day moving average is $11.37 and its 200-day moving average is $11.17.

Hedge Funds Weigh In On Blackstone / GSO Long-Short Credit Income Fund

A number of hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada increased its stake in Blackstone / GSO Long-Short Credit Income Fund by 4.0% during the 2nd quarter. Royal Bank of Canada now owns 22,528 shares of the company’s stock worth $255,000 after acquiring an additional 870 shares during the period. Kestra Advisory Services LLC increased its stake in Blackstone / GSO Long-Short Credit Income Fund by 5.0% during the 2nd quarter. Kestra Advisory Services LLC now owns 19,051 shares of the company’s stock worth $216,000 after acquiring an additional 902 shares during the period. UBS Group AG increased its stake in Blackstone / GSO Long-Short Credit Income Fund by 1.2% during the 1st quarter. UBS Group AG now owns 122,726 shares of the company’s stock worth $1,650,000 after acquiring an additional 1,447 shares during the period. JPMorgan Chase & Co. bought a new position in Blackstone / GSO Long-Short Credit Income Fund during the 2nd quarter worth $41,000. Finally, SkyView Investment Advisors LLC bought a new position in Blackstone / GSO Long-Short Credit Income Fund during the 1st quarter worth $40,000.

Blackstone / GSO Long-Short Credit Income Fund Company Profile

(Get Free Report)

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.

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Dividend History for Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX)

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