FS Credit Opportunities Corp. (NYSE:FSCO – Get Free Report) declared a monthly dividend on Wednesday, August 30th, Wall Street Journal reports. Stockholders of record on Friday, September 22nd will be given a dividend of 0.057 per share on Friday, September 29th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 13.15%. The ex-dividend date of this dividend is Thursday, September 21st.
FS Credit Opportunities Stock Performance
NYSE:FSCO opened at $5.20 on Tuesday. The firm has a fifty day moving average price of $5.19. FS Credit Opportunities has a 1-year low of $3.80 and a 1-year high of $5.97.
Institutional Trading of FS Credit Opportunities
Several hedge funds and other institutional investors have recently made changes to their positions in FSCO. Cerity Partners LLC lifted its holdings in FS Credit Opportunities by 28.5% in the second quarter. Cerity Partners LLC now owns 45,414 shares of the company’s stock valued at $216,000 after acquiring an additional 10,086 shares during the period. Bleakley Financial Group LLC purchased a new stake in FS Credit Opportunities during the second quarter worth about $231,000. IFP Advisors Inc grew its position in FS Credit Opportunities by 29.3% during the second quarter. IFP Advisors Inc now owns 41,550 shares of the company’s stock worth $197,000 after buying an additional 9,420 shares during the period. Orion Portfolio Solutions LLC increased its holdings in FS Credit Opportunities by 26.3% in the second quarter. Orion Portfolio Solutions LLC now owns 77,590 shares of the company’s stock valued at $369,000 after buying an additional 16,179 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new stake in shares of FS Credit Opportunities during the 2nd quarter valued at approximately $83,000. Hedge funds and other institutional investors own 29.99% of the company’s stock.
FS Credit Opportunities Company Profile
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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