FS Investment Corporation 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by FS Investment Corporation (FSIC) on February 26, 2013, reporting events occurring on February 25, 2013. The registrant is a Maryland corporation with principal executive offices in Philadelphia, Pennsylvania.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The primary financial disclosure is the declaration of a regular monthly cash distribution of $0.0675 per share.
Material Changes
No material changes to operations or financial condition relative to prior periods are detailed in this specific filing. The document focuses solely on the declaration of the current month's distribution.
Guidance, Outlook, and Risks
- Distribution Details: The $0.0675 per share distribution is payable on February 28, 2013, to stockholders of record on February 27, 2013.
- 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.
- Future Distributions: Future payments are subject to Board discretion and legal restrictions; no assurance is given regarding the amount or timing of future distributions.
- Forward-Looking Statements: The filing contains forward-looking statements subject to inherent uncertainties. Actual results may differ materially from projections due to factors enumerated in other SEC filings.
Investor Verification Checklist
- Verify the record date (February 27, 2013) and payment date (February 28, 2013) for the $0.0675 per share distribution.
- Review the most recent Form 10-Q or 10-K for full-year taxable income data to understand the likely tax attributes of the distribution.
- Confirm the company's current liquidity position in recent periodic reports to assess the sustainability of future distributions.
- Check for any subsequent filings regarding changes to the distribution policy or Board decisions.