FS Credit Opportunities Corp. (NYSE:FSCO – Get Free Report) announced a monthly dividend on Wednesday, March 5th, Wall Street Journal reports. Shareholders of record on Monday, March 24th will be given a dividend of 0.0645 per share on Monday, March 31st. This represents a $0.77 annualized dividend and a yield of 10.83%. The ex-dividend date of this dividend is Monday, March 24th.
FS Credit Opportunities Stock Performance
Shares of FS Credit Opportunities stock opened at $7.15 on Friday. The stock’s 50-day simple moving average is $6.96 and its 200-day simple moving average is $6.71. FS Credit Opportunities has a 52 week low of $5.66 and a 52 week high of $7.16.
Insider Buying and Selling
In related news, Director Keith Bethel acquired 5,000 shares of the firm’s stock in a transaction on Thursday, February 13th. The shares were acquired at an average cost of $6.96 per share, for a total transaction of $34,800.00. Following the completion of the transaction, the director now directly owns 20,000 shares in the company, valued at approximately $139,200. This trade represents a 33.33 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.26% of the stock is owned by company insiders.
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.
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