FS Credit Opportunities Corp. (FSCO) To Go Ex-Dividend on October 23rd

FS Credit Opportunities Corp. (NYSE:FSCO) declared a monthly dividend on Monday, October 12th. Stockholders of record on Friday, October 23rd will be paid a dividend of $0.0594 per share on Friday, October 30th. This represents a $0.71 dividend on an annualized basis and a dividend yield of 13.9%. The ex-dividend date is Friday, October 23rd.

FS Credit Opportunities Price Performance

NYSE FSCO opened at $5.12 on Wednesday. FS Credit Opportunities has a 52-week low of $4.13 and a 52-week high of $6.79. The firm has a 50-day moving average price of $5.15 and a 200 day moving average price of $5.04.

Hedge Funds Weigh In On FS Credit Opportunities

Several institutional investors and hedge funds have recently added to or reduced their stakes in FSCO. Sanders Morris Harris LLC acquired a new stake in shares of FS Credit Opportunities in the third quarter valued at about $284,000. Castleview Partners LLC boosted its holdings in FS Credit Opportunities by 23.1% during the third quarter. Castleview Partners LLC now owns 600,642 shares of the company’s stock worth $3,099,000 after buying an additional 112,678 shares in the last quarter. CoreCap Advisors LLC grew its position in FS Credit Opportunities by 532.0% during the third quarter. CoreCap Advisors LLC now owns 70,656 shares of the company’s stock worth $365,000 after buying an additional 59,476 shares during the period. Apeiron RIA LLC grew its position in FS Credit Opportunities by 8.3% during the third quarter. Apeiron RIA LLC now owns 69,283 shares of the company’s stock worth $355,000 after buying an additional 5,321 shares during the period. Finally, Noble Wealth Management PBC grew its position in FS Credit Opportunities by 27.7% during the third quarter. Noble Wealth Management PBC now owns 637,478 shares of the company’s stock worth $3,289,000 after buying an additional 138,341 shares during the period. Institutional investors and hedge funds own 36.37% of the company’s stock.

About FS Credit Opportunities

FS Credit Opportunities Corp. (NYSE: FSCO) is a non-diversified, closed-end management investment company focused on generating current income and, to a lesser extent, long-term capital appreciation. The fund invests across global credit markets rather than operating as a traditional industrial or services company.

Its portfolio may include privately originated and syndicated corporate loans, high-yield bonds, structured credit investments and other debt-related instruments. The fund can invest across industries, credit qualities and maturities, including investments in companies based in the United States and other countries.

FSCO is advised by FS/KKR Advisor, LLC, a joint venture associated with FS Investments and KKR Credit.