FS Credit Opportunities Corp. (NYSE:FSCO – Get Free Report) declared a monthly dividend on Tuesday, February 10th. Stockholders of record on Friday, February 20th will be paid a dividend of 0.0678 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 14.0%. The ex-dividend date is Friday, February 20th.
FS Credit Opportunities Stock Performance
FSCO opened at $5.82 on Wednesday. FS Credit Opportunities has a 12 month low of $5.29 and a 12 month high of $7.65. The stock’s 50 day moving average price is $6.17 and its 200 day moving average price is $6.62.
About FS Credit Opportunities
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.
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