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

FS Credit Opportunities Corp. (NYSE:FSCO) declared a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Stockholders of record on Thursday, May 23rd will be given a dividend of 0.06 per share on Friday, May 31st. This represents a $0.72 annualized dividend and a dividend yield of 11.76%. The ex-dividend date is Wednesday, May 22nd.

FS Credit Opportunities Trading Up 0.8 %

Shares of FS Credit Opportunities stock traded up $0.05 during trading on Thursday, hitting $6.12. The stock had a trading volume of 644,955 shares, compared to its average volume of 668,792. FS Credit Opportunities has a 12 month low of $4.19 and a 12 month high of $6.19. The business’s 50-day moving average is $5.82 and its 200 day moving average is $5.73.

Insider Transactions at FS Credit Opportunities

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

About FS Credit Opportunities

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.