FS Credit Opportunities Corp. (FSCO) To Go Ex-Dividend on August 24th

FS Credit Opportunities Corp. (NYSE:FSCO) declared a monthly dividend on Tuesday, August 11th. Shareholders of record on Monday, August 24th will be given a dividend of 0.0594 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 13.7%. The ex-dividend date is Monday, August 24th. This is a 1.9% increase from FS Credit Opportunities’s previous monthly dividend of $0.06.

FS Credit Opportunities Trading Up 1.0%

Shares of FSCO stock opened at $5.19 on Friday. The stock has a fifty day simple moving average of $4.95 and a two-hundred day simple moving average of $5.09. FS Credit Opportunities has a 52-week low of $4.13 and a 52-week high of $7.53.

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.