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FSK Update: Excellent Quarter, Let's Hope This Continues

FSK Update: Excellent Quarter, Let's Hope This Continues

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BDC Buzz
Aug 10, 2021
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BDC Buzz
BDC Buzz
FSK Update: Excellent Quarter, Let's Hope This Continues
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Summary

  • FSK declared a $0.65 dividend for Q3 2021 but there is a chance that these amounts could change quarterly as management has mentioned moving to a "variable dividend".

  • FSK easily beat best-case due to much higher-than-expected dividend, fee, and other income some of which is likely non-recurring and accounted for over 37% of total income.

  • PIK declin…

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