FS Investment Corporation 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by FS Investment Corporation (FSIC) on December 17, 2012, reporting events occurring on December 11, 2012. 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.
- Distribution Amount: $0.0675 per share
- Record Date: December 28, 2012
- Payment Date: December 31, 2012
Material Changes
No material changes to financial condition or operations were reported in this filing. The document focuses on the routine declaration of a monthly distribution and a non-substantive amendment to the company's Code of Ethics.
Guidance, Outlook, and Risks
Management noted that future distributions are subject to the discretion of the Board and applicable legal restrictions, with no assurance regarding the amount or timing of future payments. The filing includes standard forward-looking statement disclaimers, noting that actual results may differ materially from projections due to inherent uncertainties. Tax attributes of distributions are determined annually and may not be representative on a quarterly basis.
Investor Verification Checklist
- Verify the record date (December 28, 2012) to confirm eligibility for the $0.0675 per share distribution.
- Review the attached Exhibit 14.1 for the amended Code of Business Conduct and Ethics.
- Consult the annual Form 1099-DIV for the actual tax characteristics of distributions, as quarterly estimates may not reflect full-year tax attributes.
- Confirm that the filing does not contain updated revenue or earnings data, as this is a current report rather than a periodic financial statement.