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

FS Credit Opportunities Corp. (NYSE:FSCO) declared a monthly dividend on Monday, June 3rd, Zacks reports. Stockholders of record on Friday, June 21st will be paid a dividend of 0.06 per share on Friday, June 28th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 11.45%. The ex-dividend date of this dividend is Friday, June 21st.

FS Credit Opportunities Price Performance

Shares of FSCO traded up $0.02 during trading hours on Wednesday, reaching $6.29. The company’s stock had a trading volume of 130,489 shares, compared to its average volume of 639,155. FS Credit Opportunities has a 1-year low of $4.55 and a 1-year high of $6.42. The company has a 50 day moving average of $6.05 and a two-hundred day moving average of $5.85.

Insider Activity

In other news, Director Keith Bethel purchased 6,500 shares of the stock in a transaction that occurred on Wednesday, March 13th. The stock was acquired at an average price of $5.80 per share, with a total value of $37,700.00. Following the purchase, the director now owns 11,500 shares in the company, valued at approximately $66,700. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Barbara J. Fouss purchased 11,000 shares of the stock in a transaction that occurred on Monday, March 18th. The stock was acquired at an average price of $5.87 per share, with a total value of $64,570.00. Following the purchase, the director now owns 21,130 shares in the company, valued at approximately $124,033.10. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Keith Bethel bought 6,500 shares of the firm’s stock in a transaction on Wednesday, March 13th. The shares were bought at an average cost of $5.80 per share, with a total value of $37,700.00. Following the transaction, the director now directly owns 11,500 shares of the company’s stock, valued at $66,700. The disclosure for this purchase can be found here. Insiders have acquired 21,000 shares of company stock worth $124,320 in the last 90 days. Company insiders own 0.26% of the company’s stock.

FS Credit Opportunities Company Profile

FS Credit Opportunities Corp. is a close ended fixed income fund launched by Franklin Square Capital Partners. The fund is managed by FS Global Advisor, LLC. It invests in fixed income markets across the globe, with a strong focus on Europe and the United States. The fund seeks to invest in securities of companies that are operating across diversified sectors.