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

FS Credit Opportunities Corp. (NYSE:FSCOGet Free Report) announced a monthly dividend on Monday, April 8th, Wall Street Journal reports. Investors of record on Tuesday, April 23rd will be given a dividend of 0.06 per share on Tuesday, April 30th. This represents a $0.72 annualized dividend and a yield of 12.08%. The ex-dividend date is Monday, April 22nd.

FS Credit Opportunities Trading Up 0.8 %

FS Credit Opportunities stock opened at $5.96 on Friday. FS Credit Opportunities has a fifty-two week low of $4.14 and a fifty-two week high of $6.04. The firm has a 50 day moving average price of $5.81 and a 200 day moving average price of $5.70.

Insider Activity at FS Credit Opportunities

In related news, Director Barbara J. Fouss bought 11,000 shares of the company’s 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 acquisition, the director now owns 21,130 shares of the company’s stock, valued at $124,033.10. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other FS Credit Opportunities news, Director Keith Bethel purchased 6,500 shares of the company’s stock in a transaction on Wednesday, March 13th. The stock was acquired at an average price 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 approximately $66,700. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, Director Barbara J. Fouss purchased 11,000 shares of the company’s stock in a transaction on Monday, March 18th. The stock was acquired at an average price 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 $124,033.10. The disclosure for this purchase can be found here. 0.26% of the stock is owned by insiders.

Hedge Funds Weigh In On FS Credit Opportunities

Several institutional investors have recently modified their holdings of the business. GTS Securities LLC acquired a new position in shares of FS Credit Opportunities in the fourth quarter worth $1,070,000. Virtue Capital Management LLC lifted its position in shares of FS Credit Opportunities by 12.6% during the 4th quarter. Virtue Capital Management LLC now owns 35,083 shares of the company’s stock worth $196,000 after purchasing an additional 3,912 shares during the last quarter. Modern Wealth Management LLC purchased a new stake in shares of FS Credit Opportunities during the 4th quarter worth $87,000. Citadel Advisors LLC purchased a new stake in shares of FS Credit Opportunities during the 4th quarter worth $108,000. Finally, Royal Bank of Canada lifted its position in shares of FS Credit Opportunities by 210.4% during the 4th quarter. Royal Bank of Canada now owns 821,844 shares of the company’s stock worth $4,660,000 after purchasing an additional 557,055 shares during the last quarter. Institutional investors and hedge funds own 36.37% of the company’s stock.

FS Credit Opportunities Company Profile

(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.

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Dividend History for FS Credit Opportunities (NYSE:FSCO)

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