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

FS Credit Opportunities Corp. (NYSE:FSCO) declared a monthly dividend on Thursday, March 6th, Wall Street Journal reports. Investors of record on Monday, March 24th will be given a dividend of 0.0645 per share on Monday, March 31st. This represents a $0.77 annualized dividend and a yield of 11.05%. The ex-dividend date of this dividend is Monday, March 24th.

FS Credit Opportunities Trading Down 1.2 %

FSCO traded down $0.09 on Thursday, hitting $7.01. 677,959 shares of the company’s stock were exchanged, compared to its average volume of 849,566. FS Credit Opportunities has a fifty-two week low of $5.65 and a fifty-two week high of $7.12. The firm has a 50-day moving average price of $6.91 and a 200-day moving average price of $6.65.

Insider Transactions at FS Credit Opportunities

In related news, Director Keith Bethel purchased 5,000 shares of the company’s stock in a transaction dated Thursday, February 13th. The stock was acquired at an average cost of $6.96 per share, for a total transaction of $34,800.00. Following the completion of the transaction, the director now directly owns 20,000 shares of the company’s stock, valued at approximately $139,200. This trade represents a 33.33 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.26% of the company’s stock.

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.