FS Credit Opportunities Corp. (NYSE:FSCO – Get Free Report) declared a monthly dividend on Thursday, May 7th. Investors of record on Thursday, May 21st will be given a dividend of 0.0583 per share on Friday, May 29th. This represents a c) annualized dividend and a yield of 13.7%. The ex-dividend date of this dividend is Thursday, May 21st.
FS Credit Opportunities Trading Up 0.5%
NYSE FSCO opened at $5.10 on Tuesday. The business’s fifty day moving average is $5.06 and its 200 day moving average is $5.74. FS Credit Opportunities has a fifty-two week low of $4.13 and a fifty-two week high of $7.65.
FS Credit Opportunities (NYSE:FSCO – Get Free Report) last released its earnings results on Monday, March 2nd. The company reported $0.11 earnings per share for the quarter. The company had revenue of $57.34 million for the quarter.
About FS Credit Opportunities
FS Credit Opportunities Fund Inc (NYSE: FSCO) is a diversified closed-end management investment company that seeks to provide shareholders with a high level of current income and capital appreciation. The fund pursues its objectives by investing primarily in corporate credit instruments, including high-yield bonds, leveraged loans and other credit-related securities. FSCO’s flexible mandate allows it to allocate across the credit spectrum, rotating among sectors, maturities and structures in response to changing market conditions.
Under normal market environments, the fund typically invests at least 80% of its total assets in non-investment grade corporate debt securities, with the remainder allocated to investment-grade obligations, cash and cash equivalents.
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