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

FS Credit Opportunities Corp. (NYSE:FSCO) declared a monthly dividend on Thursday, September 10th. Shareholders of record on Wednesday, September 23rd will be given a dividend of 0.0594 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 13.7%. The ex-dividend date of this dividend is Wednesday, September 23rd.

FS Credit Opportunities Stock Performance

Shares of FSCO stock opened at $5.20 on Friday. FS Credit Opportunities has a 12-month low of $4.13 and a 12-month high of $7.49. The firm has a 50 day moving average price of $5.04 and a two-hundred day moving average price of $5.03.

FS Credit Opportunities Company Profile

FS Credit Opportunities Fund Inc (NYSE: FSCO) is a diversified closed-end management investment company that seeks to provide shareholders with a high level of current income and capital appreciation. The fund pursues its objectives by investing primarily in corporate credit instruments, including high-yield bonds, leveraged loans and other credit-related securities. FSCO’s flexible mandate allows it to allocate across the credit spectrum, rotating among sectors, maturities and structures in response to changing market conditions.

Under normal market environments, the fund typically invests at least 80% of its total assets in non-investment grade corporate debt securities, with the remainder allocated to investment-grade obligations, cash and cash equivalents.