Blackstone/GSO Strategic Credit Fund (NYSE:BGB) Announces Monthly Dividend of $0.07

Blackstone/GSO Strategic Credit Fund (NYSE:BGB) declared a monthly dividend on Wednesday, June 9th, Zacks reports. Shareholders of record on Wednesday, June 23rd will be given a dividend of 0.072 per share on Wednesday, June 30th. This represents a $0.86 dividend on an annualized basis and a yield of 6.34%. The ex-dividend date is Tuesday, June 22nd. This is a boost from Blackstone/GSO Strategic Credit Fund’s previous monthly dividend of $0.07.

NYSE:BGB opened at $13.62 on Thursday. Blackstone/GSO Strategic Credit Fund has a 12 month low of $11.13 and a 12 month high of $13.66. The company has a 50-day moving average price of $13.49.

About Blackstone/GSO Strategic Credit Fund

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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Dividend History for Blackstone/GSO Strategic Credit Fund (NYSE:BGB)

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