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

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 yield of 14.0%. 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 Stock Up 0.8%

NYSE:FSCO traded up $0.04 during mid-day trading on Wednesday, reaching $5.08. 246,338 shares of the company were exchanged, compared to its average volume of 1,441,711. FS Credit Opportunities has a 12 month low of $4.13 and a 12 month high of $7.53. The company has a fifty day moving average of $4.90 and a 200 day moving average of $5.15.

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.