FS Credit Opportunities Corp. Declares Monthly Dividend of $0.06 (NYSE:FSCO)

FS Credit Opportunities Corp. (NYSE:FSCO - Get Free Report) declared a monthly dividend on Wednesday, March 5th, Wall Street Journal reports. Stockholders of record on Monday, March 24th will be paid a dividend of 0.0645 per share on Monday, March 31st. This represents a $0.77 annualized dividend and a dividend yield of 11.18%. The ex-dividend date of this dividend is Monday, March 24th.

FS Credit Opportunities Stock Down 0.9 %

Shares of FS Credit Opportunities stock traded down $0.07 on Monday, reaching $6.93. 691,323 shares of the company were exchanged, compared to its average volume of 846,835. The stock has a fifty day moving average price of $6.92 and a 200-day moving average price of $6.67. FS Credit Opportunities has a fifty-two week low of $5.65 and a fifty-two week high of $7.12.

Insider Activity

In other news, Director Keith Bethel acquired 5,000 shares of the firm's stock in a transaction that occurred on Thursday, February 13th. The stock was acquired at an average cost of $6.96 per share, with a total value of $34,800.00. Following the acquisition, the director now owns 20,000 shares in the company, valued at approximately $139,200. This represents a 33.33 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.26% of the stock is currently owned by corporate insiders.

FS Credit Opportunities Company Profile

FS Credit Opportunities Corp. is a close ended fixed income fund launched by Franklin Square Capital Partners. The fund is managed by FS Global Advisor, LLC. It invests in fixed income markets across the globe, with a strong focus on Europe and the United States. The fund seeks to invest in securities of companies that are operating across diversified sectors.