FS Credit Opportunities Corp. (NYSE:FSCO) to Issue Dividend Increase – $0.06 Per Share

FS Credit Opportunities Corp. (NYSE:FSCO) announced a monthly dividend on Thursday, January 9th,NASDAQ Dividends reports. Investors of record on Friday, January 24th will be given a dividend of 0.0645 per share on Friday, January 31st. This represents a $0.77 annualized dividend and a yield of 11.35%. The ex-dividend date of this dividend is Friday, January 24th. This is an increase from FS Credit Opportunities’s previous monthly dividend of $0.06.

FS Credit Opportunities Price Performance

Shares of FS Credit Opportunities stock traded up $0.04 on Friday, reaching $6.82. 1,124,483 shares of the company’s stock were exchanged, compared to its average volume of 1,034,046. FS Credit Opportunities has a 52 week low of $5.47 and a 52 week high of $6.91. The firm’s 50-day moving average is $6.66 and its two-hundred day moving average is $6.48.

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.