FS Credit Opportunities Corp. Announces Monthly Dividend of $0.07 (NYSE:FSCO)

FS Credit Opportunities Corp. (NYSE:FSCO) declared a monthly dividend on Monday, January 12th. Shareholders of record on Friday, January 23rd will be given a dividend of 0.0678 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 12.7%. The ex-dividend date is Friday, January 23rd.

FS Credit Opportunities Price Performance

FSCO stock traded up $0.03 during midday trading on Tuesday, hitting $6.41. 846,968 shares of the company’s stock were exchanged, compared to its average volume of 1,080,577. The business has a 50-day simple moving average of $6.27 and a two-hundred day simple moving average of $6.84. FS Credit Opportunities has a 1-year low of $5.29 and a 1-year high of $7.65.

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.