FS Credit Opportunities Corp. (FSCO) To Go Ex-Dividend on February 20th

FS Credit Opportunities Corp. (NYSE:FSCO) declared a monthly dividend on Tuesday, February 10th. Investors of record on Friday, February 20th will be paid a dividend of 0.0678 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 13.7%. The ex-dividend date of this dividend is Friday, February 20th.

FS Credit Opportunities Stock Up 0.9%

NYSE:FSCO opened at $5.95 on Thursday. The business’s 50-day moving average price is $6.21 and its 200 day moving average price is $6.67. FS Credit Opportunities has a 52-week low of $5.29 and a 52-week high of $7.65.

Institutional Trading of FS Credit Opportunities

A number of hedge funds and other institutional investors have recently made changes to their positions in FSCO. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in FS Credit Opportunities by 4.2% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 32,952 shares of the company’s stock worth $239,000 after acquiring an additional 1,326 shares in the last quarter. Allworth Financial LP lifted its stake in shares of FS Credit Opportunities by 3.0% in the 2nd quarter. Allworth Financial LP now owns 50,691 shares of the company’s stock valued at $368,000 after purchasing an additional 1,500 shares during the last quarter. Maridea Wealth Management LLC boosted its holdings in FS Credit Opportunities by 2.2% in the fourth quarter. Maridea Wealth Management LLC now owns 74,940 shares of the company’s stock worth $472,000 after purchasing an additional 1,581 shares in the last quarter. Bleakley Financial Group LLC increased its position in FS Credit Opportunities by 2.8% during the second quarter. Bleakley Financial Group LLC now owns 62,306 shares of the company’s stock worth $452,000 after buying an additional 1,710 shares during the last quarter. Finally, Moors & Cabot Inc. raised its holdings in FS Credit Opportunities by 4.4% during the third quarter. Moors & Cabot Inc. now owns 40,569 shares of the company’s stock valued at $280,000 after buying an additional 1,720 shares in the last quarter. 36.37% of the stock is currently owned by institutional investors.

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.