FS Credit Opportunities Corp. (NYSE:FSCO) Plans Dividend Increase – $0.06 Per Share

FS Credit Opportunities Corp. (NYSE:FSCO) announced a monthly dividend on Thursday, January 9th,NASDAQ Dividends reports. Shareholders of record on Friday, January 24th will be paid a dividend of 0.0645 per share on Friday, January 31st. This represents a $0.77 annualized dividend and a yield of 11.02%. The ex-dividend date of this dividend is Friday, January 24th. This is a boost from FS Credit Opportunities’s previous monthly dividend of $0.06.

FS Credit Opportunities Stock Up 0.6 %

Shares of NYSE FSCO opened at $7.03 on Wednesday. FS Credit Opportunities has a 1 year low of $5.61 and a 1 year high of $7.09. The firm’s 50-day moving average is $6.71 and its 200-day moving average is $6.51.

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.