FS Credit Opportunities Corp. (NYSE:FSCO - Get Free Report) announced a monthly dividend on Tuesday, July 8th, Wall Street Journal reports. Investors of record on Thursday, July 24th will be paid a dividend of 0.0678 per share on Thursday, July 31st. This represents a $0.81 dividend on an annualized basis and a dividend yield of 11.25%. The ex-dividend date is Thursday, July 24th. This is a 5.1% increase from FS Credit Opportunities's previous monthly dividend of $0.06.
FS Credit Opportunities Stock Up 0.3%
Shares of NYSE FSCO traded up $0.02 during trading hours on Wednesday, reaching $7.23. The stock had a trading volume of 793,605 shares, compared to its average volume of 836,174. FS Credit Opportunities has a 52-week low of $5.29 and a 52-week high of $7.35. The business's fifty day moving average price is $7.15 and its two-hundred day moving average price is $6.94.
Institutional Inflows and Outflows
An institutional investor recently raised its position in FS Credit Opportunities stock. Focus Partners Wealth increased its holdings in shares of FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 5.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,960 shares of the company's stock after buying an additional 3,839 shares during the quarter. Focus Partners Wealth's holdings in FS Credit Opportunities were worth $571,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 36.37% of the stock is currently owned by institutional investors and hedge funds.
FS Credit Opportunities Company Profile
(
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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.
Further Reading
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