FS Credit Opportunities Corp. (FSCO) to Issue Monthly Dividend of $0.06 on June 30th

FS Credit Opportunities Corp. (NYSE:FSCO) announced a monthly dividend on Tuesday, June 9th. Stockholders of record on Tuesday, June 23rd will be paid a dividend of 0.0583 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 14.6%. The ex-dividend date is Tuesday, June 23rd.

FS Credit Opportunities Stock Performance

Shares of FS Credit Opportunities stock opened at $4.81 on Thursday. The stock’s 50-day moving average is $5.06 and its 200-day moving average is $5.57. FS Credit Opportunities has a one year low of $4.13 and a one year high of $7.65.

FS Credit Opportunities (NYSE:FSCO) last issued its quarterly earnings results on Monday, March 2nd. The company reported $0.11 EPS for the quarter. The firm had revenue of $57.34 million during 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.