FS Credit Opportunities Corp. (NYSE:FSCO - Get Free Report) announced a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Shareholders of record on Thursday, May 23rd will be given a dividend of 0.06 per share on Friday, May 31st. This represents a $0.72 annualized dividend and a yield of 11.76%. The ex-dividend date is Wednesday, May 22nd.
FS Credit Opportunities Price Performance
NYSE:FSCO traded up $0.05 during mid-day trading on Thursday, hitting $6.12. The company's stock had a trading volume of 644,955 shares, compared to its average volume of 668,792. The business's fifty day moving average is $5.83 and its two-hundred day moving average is $5.73. FS Credit Opportunities has a 1 year low of $4.19 and a 1 year high of $6.18.
Insiders Place Their Bets
In related news, Director Barbara J. Fouss purchased 11,000 shares of FS Credit Opportunities stock in a transaction that occurred on Monday, March 18th. The stock was purchased at an average price of $5.87 per share, for a total transaction of $64,570.00. Following the transaction, the director now directly owns 21,130 shares in the company, valued at $124,033.10. The acquisition was disclosed in a document filed with the SEC, which is available at this link. In related news, Director Barbara J. Fouss purchased 11,000 shares of the firm's stock in a transaction that occurred on Monday, March 18th. The shares were purchased at an average cost of $5.87 per share, with a total value of $64,570.00. Following the purchase, the director now owns 21,130 shares of the company's stock, valued at approximately $124,033.10. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Keith Bethel bought 6,500 shares of the firm's stock in a transaction on Wednesday, March 13th. The stock was acquired at an average cost of $5.80 per share, for a total transaction of $37,700.00. Following the completion of the purchase, the director now directly owns 11,500 shares in the company, valued at $66,700. The disclosure for this purchase can be found here. Insiders own 0.26% of the company's stock.
About FS Credit Opportunities
(
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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.
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