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

FS Credit Opportunities Corp. (NYSE:FSCOGet Free Report) declared a monthly dividend on Monday, April 8th, Wall Street Journal reports. Shareholders of record on Tuesday, April 23rd will be given a dividend of 0.06 per share on Tuesday, April 30th. This represents a $0.72 dividend on an annualized basis and a yield of 12.08%. The ex-dividend date is Monday, April 22nd.

FS Credit Opportunities Trading Up 0.8 %

NYSE FSCO opened at $5.96 on Friday. FS Credit Opportunities has a 12 month low of $4.14 and a 12 month high of $6.04. The company’s fifty day moving average price is $5.81 and its two-hundred day moving average price is $5.70.

Insider Transactions at FS Credit Opportunities

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

Hedge Funds Weigh In On FS Credit Opportunities

Large investors have recently bought and sold shares of the stock. GTS Securities LLC acquired a new position in shares of FS Credit Opportunities in the 4th quarter worth approximately $1,070,000. Virtue Capital Management LLC grew its stake in shares of FS Credit Opportunities by 12.6% in the 4th quarter. Virtue Capital Management LLC now owns 35,083 shares of the company’s stock worth $196,000 after purchasing an additional 3,912 shares during the last quarter. Modern Wealth Management LLC acquired a new position in shares of FS Credit Opportunities in the 4th quarter worth approximately $87,000. Citadel Advisors LLC acquired a new position in shares of FS Credit Opportunities in the 4th quarter worth approximately $108,000. Finally, Royal Bank of Canada grew its stake in shares of FS Credit Opportunities by 210.4% in the 4th quarter. Royal Bank of Canada now owns 821,844 shares of the company’s stock worth $4,660,000 after purchasing an additional 557,055 shares during the last quarter. Institutional investors and hedge funds own 36.37% of the company’s stock.

About FS Credit Opportunities

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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.

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Dividend History for FS Credit Opportunities (NYSE:FSCO)

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