FS Investment Corporation 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by FS Investment Corporation (also referenced as FS KKR Capital Corp in metadata) on August 5, 2014. The report pertains to the declaration of a regular monthly cash distribution by the Board of Directors.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only specific financial figure disclosed is the distribution amount.
- Monthly Cash Distribution: $0.07425 per share.
- Record Date: August 25, 2014.
- Payment Date: On or about September 3, 2014.
Material Changes
The filing does not report material changes in operations, financial condition, or results compared to prior periods. It solely announces the scheduled distribution.
Outlook, Risks, and Contingencies
Management Commentary: Future distributions are subject to the discretion of the Board and applicable legal restrictions; no assurance is given regarding the amount or timing of future payments.
Tax Attributes: The tax characterization of distributions is determined annually based on full-year taxable income. Quarterly estimates may not reflect actual annual tax attributes, which will be reported on Form 1099-DIV.
Risks: Forward-looking statements are subject to uncertainties including economic changes, operational disruptions due to terrorism or natural disasters, and regulatory changes.
Investor Verification Checklist
- Verify the record date (August 25, 2014) to confirm eligibility for the $0.07425 per share distribution.
- Review the annual Form 1099-DIV for the actual tax characterization of distributions, as quarterly estimates are not definitive.
- Confirm that the distribution is a regular monthly payment and not a special or liquidating distribution.