Blackstone / GSO Strategic Credit Fund (NYSE:BGB) Stock Price Down 0.1%
Shares of Blackstone / GSO Strategic Credit Fund (NYSE:BGB) dropped 0.1% during trading on Friday . The stock traded as low as $14.85 and last traded at $14.89, approximately 192,815 shares changed hands during mid-day trading. An increase of 35% from the average daily volume of 142,490 shares. The stock had previously closed at $14.91.
The firm’s fifty day moving average price is $14.63 and its 200 day moving average price is $14.40.
The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be issued a $0.105 dividend. This represents a $1.26 annualized dividend and a dividend yield of 8.46%. The ex-dividend date is Thursday, February 20th.
Blackstone / GSO Strategic Credit Fund Company Profile (NYSE:BGB)
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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