FS Investment Co. (FSIC) Plans Special Dividend of $0.10
FS Investment (NASDAQ:FSIC) declared a special dividend on Monday, May 19th, Stock Ratings Network.com reports. Stockholders of record on Friday, October 31st will be given a dividend of 0.10 per share on Friday, November 14th. This represents a yield of 8.68%. The ex-dividend date of this dividend is Wednesday, October 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% during mid-day trading on Monday, hitting $10.26. The stock had a trading volume of 1,856,073 shares. FS Investment has a one year low of $9.82 and a one year high of $10.30. The stock’s 50-day moving average is $10.18 and its 200-day moving average is $10.18.
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