FS Specialty Lending Fund (FSSL) to Distribute Monthly Dividend of $0.15 on December 31st

FS Specialty Lending Fund (NYSE:FSSL) announced a monthly dividend on Monday, October 12th. Investors of record on Wednesday, December 23rd will be paid a dividend of $0.1495 per share on Thursday, December 31st. This represents a $1.79 annualized dividend and a dividend yield of 15.7%. The ex-dividend date of this dividend is Wednesday, December 23rd.

FS Specialty Lending Fund Stock Performance

Shares of FSSL stock opened at $11.40 on Wednesday. The business has a fifty day simple moving average of $11.63 and a 200 day simple moving average of $11.63. FS Specialty Lending Fund has a twelve month low of $10.75 and a twelve month high of $15.00.

FS Specialty Lending Fund (NYSE: FSSL) is a closed-end investment company that has elected to operate as a business development company. The fund seeks to generate current income and, to a lesser extent, capital appreciation by investing primarily in privately negotiated debt and other investments issued by middle-market companies.

Its portfolio may include senior secured loans, unitranche and subordinated debt, unsecured debt, and equity or equity-related securities. Through these investments, FS Specialty Lending Fund provides financing to privately held businesses that may use the proceeds for acquisitions, recapitalizations, refinancing, growth initiatives, or other corporate purposes.

The fund is externally managed by FS/KKR Advisor, LLC, an investment adviser affiliated with FS Investments and KKR.