FS Specialty Lending Fund (NYSE:FSSL – Get Free Report) announced a monthly dividend on Tuesday, August 11th. Shareholders of record on Monday, August 24th will be given a dividend of 0.1495 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 15.5%. The ex-dividend date is Monday, August 24th. This is a 8.7% increase from FS Specialty Lending Fund’s previous monthly dividend of $0.14.
FS Specialty Lending Fund Trading Up 1.9%
FS Specialty Lending Fund stock traded up $0.22 during mid-day trading on Wednesday, reaching $11.60. 86,910 shares of the company were exchanged, compared to its average volume of 429,825. FS Specialty Lending Fund has a twelve month low of $10.75 and a twelve month high of $15.00. The stock has a 50-day moving average price of $11.20.
The fund’s investment activities typically include originating, acquiring, and managing a diversified portfolio of debt instruments such as senior secured loans, subordinated debt, mezzanine financing, and other specialty finance products.
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