FS Investment Corporation 8-K Summary
Business Context and Reporting Period
FS Investment Corporation (a BDC) filed this Form 8-K on November 7, 2018, to report operating results for the quarter ended September 30, 2018. The filing incorporates by reference a press release detailing these results.
Key Financial Metrics and Distributions
The filing announces specific cash distributions but does not provide detailed revenue, profit, cash flow, margin, debt, or liquidity figures within the text of this report; those metrics are contained in the attached press release (Exhibit 99.1).
- Special Cash Distribution: $0.09 per share, payable on or about December 3, 2018.
- Regular Cash Distribution: $0.19 per share, payable on or about January 2, 2019.
- Record Dates: November 19, 2018 (Special) and December 12, 2018 (Regular).
Material Changes and Outlook
The filing does not explicitly detail material changes versus the prior period or provide specific quantitative guidance. Management indicated that a presentation overviewing the Q3 2018 results would be made available on the company website prior to a conference call scheduled for November 8, 2018.
Risks and Contingencies
The filing includes standard forward-looking statement disclaimers. Risks cited include general economic changes, potential operational disruptions due to terrorism or natural disasters, regulatory changes, and fluctuations in the trading price of the company's common stock on the NYSE.
Investor Verification Checklist
- Review the attached Press Release (Exhibit 99.1) for specific Q3 2018 revenue, net income, and portfolio metrics.
- Verify the record dates (Nov 19 and Dec 12) to ensure eligibility for the announced distributions.
- Check the company website for the investor presentation scheduled for November 8, 2018.
- Confirm the total distribution yield based on the $0.28 per share combined payout ($0.09 special + $0.19 regular).