FS KKR Capital Corp (FS Investment Corporation) - 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed on May 16, 2011, reporting events occurring on May 10, 2011. The registrant, FS Investment Corporation, is a Maryland corporation focused on investment activities. The filing primarily addresses the declaration of cash distributions 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 data disclosed relates to shareholder distributions:
- Regular Distributions: Two semi-monthly cash distributions of $0.033594 per share each.
- Special Distribution: A one-time cash distribution of $0.01 per share.
- Total Distribution per Share: $0.077188 ($0.033594 + $0.033594 + $0.01).
- Payment Date: May 31, 2011.
Material Changes
The filing does not disclose material changes in operations, financial condition, or results of operations compared to prior periods. The document is limited to the announcement of the declared distributions.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, outlook, or discussion of risks and contingencies. It references a press release (Exhibit 99.1) for further details, but the text of the press release is not included in the provided source data.
Investor Verification Checklist
- Verify the total cash distribution amount of $0.077188 per share against the company's recent earnings reports to assess payout sustainability.
- Confirm the record dates (May 13, 2011, and May 30, 2011) to determine eligibility for the respective distribution tranches.
- Review the attached press release (Exhibit 99.1) for context on the special one-time distribution, as the 8-K text does not explain the source of funds or rationale.
- Check subsequent filings for the actual payment of distributions on May 31, 2011.