FS Credit Opportunities Corp. (NYSE:FSCO – Get Free Report) declared a monthly dividend on Thursday, March 6th, Wall Street Journal reports. Investors of record on Monday, March 24th will be given a dividend of 0.0645 per share on Monday, March 31st. This represents a $0.77 annualized dividend and a dividend yield of 11.05%. The ex-dividend date is Monday, March 24th.
FS Credit Opportunities Stock Down 1.2 %
FSCO stock traded down $0.09 during midday trading on Thursday, hitting $7.01. 677,959 shares of the stock traded hands, compared to its average volume of 849,566. The stock’s fifty day simple moving average is $6.91 and its 200-day simple moving average is $6.65. FS Credit Opportunities has a 1-year low of $5.65 and a 1-year high of $7.12.
Insider Activity
In related news, Director Keith Bethel acquired 5,000 shares of the firm’s stock in a transaction on Thursday, February 13th. The shares were acquired at an average cost of $6.96 per share, with a total value of $34,800.00. Following the completion of the acquisition, the director now directly owns 20,000 shares in the company, valued at approximately $139,200. This trade represents a 33.33 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.26% of the company’s stock.
FS Credit Opportunities Company Profile
FS Credit Opportunities Corp. is a close ended fixed income fund launched by Franklin Square Capital Partners. The fund is managed by FS Global Advisor, LLC. It invests in fixed income markets across the globe, with a strong focus on Europe and the United States. The fund seeks to invest in securities of companies that are operating across diversified sectors.
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