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

FS Credit Opportunities Corp. (NYSE:FSCO - Get Free Report) declared a monthly dividend on Monday, February 10th,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be paid a dividend of 0.0645 per share on Friday, February 28th. This represents a $0.77 annualized dividend and a dividend yield of 11.14%. The ex-dividend date is Friday, February 21st.

FS Credit Opportunities Price Performance

Shares of NYSE:FSCO traded down $0.01 during trading on Friday, hitting $6.95. The company's stock had a trading volume of 718,713 shares, compared to its average volume of 862,244. The company has a 50-day moving average of $6.83 and a 200-day moving average of $6.58. FS Credit Opportunities has a 12 month low of $5.61 and a 12 month high of $7.12.

Insider Transactions at FS Credit Opportunities

In other news, Director Keith Bethel bought 5,000 shares of the firm's stock in a transaction on Thursday, February 13th. The shares were bought at an average price of $6.96 per share, for a total transaction of $34,800.00. Following the purchase, the director now owns 20,000 shares in the company, valued at approximately $139,200. The trade was a 33.33 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.26% of the company's stock.

About FS Credit Opportunities

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.