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

FS Credit Opportunities Corp. (NYSE:FSCO) declared a monthly dividend on Tuesday, June 9th. Stockholders of record on Tuesday, June 23rd will be given a dividend of 0.0583 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 14.7%. The ex-dividend date of this dividend is Tuesday, June 23rd.

FS Credit Opportunities Stock Performance

NYSE FSCO opened at $4.75 on Wednesday. The stock’s 50 day simple moving average is $5.06 and its 200-day simple moving average is $5.57. FS Credit Opportunities has a 1-year low of $4.13 and a 1-year high of $7.65.

FS Credit Opportunities (NYSE:FSCO) last released its earnings results on Monday, March 2nd. The company reported $0.11 earnings per share for the quarter. The firm had revenue of $57.34 million during the quarter.

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.