FS Credit Opportunities Corp. (NYSE:FSCO) Declares Monthly Dividend of $0.07

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

FS Credit Opportunities Trading Up 0.8%

FSCO traded up $0.05 during trading hours on Wednesday, hitting $5.94. The stock had a trading volume of 580,792 shares, compared to its average volume of 1,236,587. The company’s fifty day simple moving average is $6.21 and its 200 day simple moving average is $6.68. FS Credit Opportunities has a 1 year low of $5.29 and a 1 year high of $7.65.

FS Credit Opportunities Company Profile

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.