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

FS Credit Opportunities Corp. (NYSE:FSCO) declared a monthly dividend on Wednesday, October 9th, NASDAQ reports. Stockholders of record on Thursday, October 24th will be given a dividend of 0.06 per share on Thursday, October 31st. This represents a $0.72 annualized dividend and a dividend yield of 10.86%. The ex-dividend date of this dividend is Thursday, October 24th.

FS Credit Opportunities Price Performance

Shares of NYSE FSCO opened at $6.63 on Wednesday. The stock’s 50-day simple moving average is $6.39 and its 200-day simple moving average is $6.28. FS Credit Opportunities has a fifty-two week low of $5.28 and a fifty-two week high of $6.75.

Insider Buying and Selling at FS Credit Opportunities

In other news, CEO Michael C. Forman sold 218,961 shares of the business’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 transaction of $1,346,610.15. Following the completion of the sale, the chief executive officer now owns 116,297 shares in the company, valued at approximately $715,226.55. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other FS Credit Opportunities news, CEO Michael C. Forman sold 218,961 shares of the firm’s stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $6.15, for a total transaction of $1,346,610.15. Following the transaction, the chief executive officer now owns 116,297 shares of the company’s stock, valued at approximately $715,226.55. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Michael C. Forman sold 102,860 shares of the business’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $6.11, for a total value 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 $82,100.07. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.26% of the stock is currently owned by insiders.

About FS Credit Opportunities

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.