Blackstone / GSO Long-Short Credit Income Fund Plans Dividend of $0.08 (NYSE:BGX)

Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) announced a dividend on Wednesday, June 18th, investing.com reports. Shareholders of record on Tuesday, June 24th will be paid a dividend of 0.084 per share on Monday, June 30th. This represents a yield of 8.24%. The ex-dividend date of this dividend is Monday, June 23rd.

Blackstone / GSO Long-Short Credit Income Fund Stock Performance

Shares of NYSE:BGX opened at $12.20 on Wednesday. Blackstone / GSO Long-Short Credit Income Fund has a 12-month low of $10.71 and a 12-month high of $13.24. The company’s 50 day moving average price is $12.07 and its two-hundred day moving average price is $12.43.

Institutional Trading of Blackstone / GSO Long-Short Credit Income Fund

A hedge fund recently raised its stake in Blackstone / GSO Long-Short Credit Income Fund stock. Royal Bank of Canada increased its position in shares of Blackstone / GSO Long-Short Credit Income Fund (NYSE:BGX) by 4.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 92,158 shares of the company’s stock after acquiring an additional 4,090 shares during the period. Royal Bank of Canada’s holdings in Blackstone / GSO Long-Short Credit Income Fund were worth $1,139,000 as of its most recent filing with the Securities and Exchange Commission.

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.