FS Specialty Lending Fund (NYSE:FSSL – Get Free Report) announced a monthly dividend on Tuesday, August 11th. Stockholders 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 dividend 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 Stock Up 1.9%
Shares of NYSE FSSL traded up $0.22 during trading hours on Wednesday, reaching $11.60. The stock had a trading volume of 86,910 shares, compared to its average volume of 429,825. The business’s 50-day simple moving average is $11.20. FS Specialty Lending Fund has a fifty-two week low of $10.75 and a fifty-two week high of $15.00.
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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