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

FS Credit Opportunities Corp. (NYSE:FSCO) declared a monthly dividend on Thursday, March 5th. Shareholders of record on Tuesday, March 24th will be paid a dividend of 0.0583 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 13.8%. The ex-dividend date of this dividend is Tuesday, March 24th.

FS Credit Opportunities Price Performance

Shares of FS Credit Opportunities stock opened at $5.08 on Friday. FS Credit Opportunities has a fifty-two week low of $4.82 and a fifty-two week high of $7.65. The business’s fifty day moving average is $5.97 and its two-hundred day moving average is $6.46.

About FS Credit Opportunities

FS Credit Opportunities Fund Inc (NYSE: FSCO) is a diversified closed-end management investment company that seeks to provide shareholders with a high level of current income and capital appreciation. The fund pursues its objectives by investing primarily in corporate credit instruments, including high-yield bonds, leveraged loans and other credit-related securities. FSCO’s flexible mandate allows it to allocate across the credit spectrum, rotating among sectors, maturities and structures in response to changing market conditions.

Under normal market environments, the fund typically invests at least 80% of its total assets in non-investment grade corporate debt securities, with the remainder allocated to investment-grade obligations, cash and cash equivalents.