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

FS Credit Opportunities Corp. (NYSE:FSCO) declared a monthly dividend on Thursday, January 9th,NASDAQ Dividends reports. Shareholders of record on Friday, January 24th will be given a dividend of 0.0645 per share on Friday, January 31st. This represents a $0.77 annualized dividend and a dividend yield of 11.35%. The ex-dividend date of this dividend is Friday, January 24th. This is an increase from FS Credit Opportunities’s previous monthly dividend of $0.06.

FS Credit Opportunities Stock Performance

Shares of FSCO traded up $0.04 on Friday, reaching $6.82. 1,124,483 shares of the company’s stock traded hands, compared to its average volume of 1,034,046. The stock’s 50 day simple moving average is $6.66 and its two-hundred day simple moving average is $6.48. FS Credit Opportunities has a 52-week low of $5.47 and a 52-week high of $6.91.

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.