FS Investment Corporation Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by FS Investment Corporation (the "Company") on May 11, 2015. The filing serves to disclose the Company's operating results for the quarter ended March 31, 2015, and to announce a regular cash distribution. The detailed financial results are contained in a press release attached as Exhibit 99.1, which is incorporated by reference.
Key Financial Metrics
The filing text itself does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being detailed in the attached Press Release (Exhibit 99.1) and a presentation available on the Company's investor relations website.
Material Changes and Announcements
- Dividend Declaration: The Board of Directors declared a regular cash distribution of $0.22275 per share for the second quarter.
- Payment Details: The distribution is payable on or about July 2, 2015, to stockholders of record as of the close of business on June 24, 2015.
- Operational Results: The Company reported operating results for the quarter ended March 31, 2015, though specific figures are not listed in this 8-K text.
Guidance, Outlook, and Risks
The filing includes standard forward-looking statements regarding future events and performance. Management notes that actual results may differ materially from projections due to various factors, including:
- Changes in the economy.
- Risks associated with terrorism or natural disasters disrupting operations.
- Future changes in laws or regulations.
- Conditions in the Company's operating area.
- Fluctuations in the trading price of common stock on the New York Stock Exchange.
The Company explicitly states it undertakes no obligation to update or revise these forward-looking statements.
Investor Verification Checklist
- Review the attached Press Release (Exhibit 99.1) for specific Q1 2015 revenue, net income, and funds from operations figures.
- Verify the record date (June 24, 2015) and payment date (July 2, 2015) for the $0.22275 per share distribution.
- Access the "Presentations and Reports" section of the Company's website for the detailed presentation preceding the May 12, 2015 conference call.
- Confirm the Company's current status as a Maryland corporation with principal offices in Philadelphia, Pennsylvania.