FS Credit Opportunities Corp. (FSCO) to Issue Monthly Dividend of $0.06 on November 29th

FS Credit Opportunities Corp. (NYSE:FSCO) announced a monthly dividend on Monday, November 4th, NASDAQ reports. Shareholders of record on Thursday, November 21st will be paid a dividend of 0.06 per share on Friday, November 29th. This represents a $0.72 dividend on an annualized basis and a yield of 10.93%. The ex-dividend date is Thursday, November 21st.

FS Credit Opportunities Price Performance

FSCO opened at $6.59 on Wednesday. FS Credit Opportunities has a 52-week low of $5.47 and a 52-week high of $6.75. The stock’s 50 day moving average price is $6.47 and its 200-day moving average price is $6.34.

Insider Activity

In related news, CEO Michael C. Forman sold 218,961 shares of FS Credit Opportunities stock in a transaction that occurred on 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 sale, the chief executive officer now directly owns 116,297 shares in the company, valued at $715,226.55. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, CEO Michael C. Forman sold 102,860 shares of the company’s 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 transaction, the chief executive officer now owns 13,437 shares in the company, valued at approximately $82,100.07. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Michael C. Forman sold 218,961 shares of the 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 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 disclosure for this sale can be found here. Insiders own 0.26% of the company’s stock.

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.