FS Credit Opportunities Corp. (NYSE:FSCO - Get Free Report) announced a monthly dividend on Tuesday, July 8th, Wall Street Journal reports. Shareholders 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 11.28%. The ex-dividend date of this dividend 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 Down 0.2%
FSCO stock traded down $0.02 during midday trading on Friday, hitting $7.22. The stock had a trading volume of 709,293 shares, compared to its average volume of 837,816. FS Credit Opportunities has a 52 week low of $5.29 and a 52 week high of $7.35. The stock has a 50-day simple moving average of $7.16 and a 200 day simple moving average of $6.95.
Institutional Inflows and Outflows
An institutional investor recently raised its position in FS Credit Opportunities stock. Focus Partners Wealth grew its holdings in FS Credit Opportunities Corp. (NYSE:FSCO - Free Report) by 5.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 80,960 shares of the company's stock after purchasing 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 SEC. Hedge funds and other institutional investors own 36.37% of the company's stock.
About FS Credit Opportunities
(
Get Free Report)
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.
Read More
Before you consider FS Credit Opportunities, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FS Credit Opportunities wasn't on the list.
While FS Credit Opportunities currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
