FS Credit Opportunities Corp. (NYSE:FSCO) Declares Monthly Dividend of $0.06

FS Credit Opportunities Corp. (NYSE:FSCO) declared a monthly dividend on Monday, September 9th, NASDAQ reports. Investors of record on Monday, September 23rd will be given a dividend of 0.06 per share on Monday, September 30th. This represents a $0.72 annualized dividend and a yield of 11.37%. The ex-dividend date is Monday, September 23rd.

FS Credit Opportunities Price Performance

FS Credit Opportunities stock opened at $6.34 on Friday. FS Credit Opportunities has a 52 week low of $5.00 and a 52 week high of $6.64. The company’s 50 day moving average price is $6.26 and its two-hundred day moving average price is $6.17.

Insider Buying and Selling

In other news, CEO Michael C. Forman sold 102,860 shares of the firm’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of $6.11, for a total transaction of $628,474.60. Following the completion of the sale, the chief executive officer now directly owns 13,437 shares of the company’s stock, valued at approximately $82,100.07. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, CEO Michael C. Forman sold 102,860 shares of FS Credit Opportunities stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $6.11, for a total value of $628,474.60. Following the sale, the chief executive officer now owns 13,437 shares of the company’s stock, valued at approximately $82,100.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael C. Forman sold 218,961 shares of the company’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $6.15, for a total value of $1,346,610.15. Following the completion of the transaction, the chief executive officer now owns 116,297 shares in the company, valued at approximately $715,226.55. The disclosure for this sale can be found here. 0.26% of the stock is currently owned by corporate insiders.

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.