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

FS Credit Opportunities Corp. (NYSE:FSCO) announced a monthly dividend on Wednesday, July 8th. Stockholders of record on Friday, July 24th will be paid a dividend of 0.0583 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 14.4%. The ex-dividend date of this dividend is Friday, July 24th.

FS Credit Opportunities Trading Down 0.9%

Shares of FSCO stock opened at $4.86 on Thursday. FS Credit Opportunities has a one year low of $4.13 and a one year high of $7.65. The company has a fifty day moving average price of $4.98 and a two-hundred day moving average price of $5.38.

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