FS Investment Co. (FSIC) Announces Special Dividend of $0.10
FS Investment (NASDAQ:FSIC) declared a special dividend on Monday, May 19th, American Banking & Market News reports. Investors of record on Thursday, July 31st will be given a dividend of 0.10 per share on Friday, August 15th. This represents a yield of 8.68%. The ex-dividend date of this dividend is Tuesday, July 29th.
Several analysts have recently commented on the stock. Analysts at Ladenburg Thalmann initiated coverage on shares of FS Investment in a research note on Monday. They set a “buy” rating on the stock. Analysts at Evercore Partners initiated coverage on shares of FS Investment in a research note on Wednesday, April 16th. They set an “overweight” rating and a $11.00 price target on the stock.
FS Investment (NASDAQ:FSIC) traded up 0.79% on Monday, hitting $10.26. 1,856,073 shares of the company’s stock traded hands. FS Investment has a 52-week low of $9.82 and a 52-week high of $10.30. The stock has a 50-day moving average of $10.18 and a 200-day moving average of $10.18.
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