FS Credit Opportunities Corp. (NYSE:FSCO – Get Free Report) announced a monthly dividend on Tuesday, July 7th. Investors of record on Friday, July 24th will be given a dividend of 0.0583 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 14.1%. The ex-dividend date of this dividend is Friday, July 24th.
FS Credit Opportunities Price Performance
Shares of NYSE FSCO opened at $4.97 on Wednesday. The stock has a 50 day moving average price of $4.92 and a 200 day moving average price of $5.30. FS Credit Opportunities has a 52 week low of $4.13 and a 52 week high of $7.65.
FS Credit Opportunities (NYSE:FSCO – Get Free Report) last posted its quarterly 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.
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.
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