FS Credit Opportunities Corp. is a close ended fixed income fund launched by Franklin Square Capital Partners. The fund is co-managed by FS Global Advisor, LLC and GSO Capital Partners LP. 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. It primarily invests in global credit, including secured and unsecured floating and fixed rate loans, bonds, and other credit instruments that companies use to finance their operations. The fund seeks to generate total return by employing an event-driven approach that focuses on companies that are undervalued by the market. It seeks companies that are expected to benefit from corporate events such as mergers, acquisitions, or corporate reorganizations. FS Credit Opportunities Corp. was formed on January 28, 2013 and is domiciled in the United States.
FS Credit Opportunities Dividend Announcement
• FS Credit Opportunities announced a monthly dividend of $0.06 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-10-24
• FS Credit Opportunities annual dividend for 2024 was $0.59
• FS Credit Opportunities annual dividend for 2023 was $0.64
• FS Credit Opportunities's trailing twelve-month (TTM) dividend yield is 10.69%
• FS Credit Opportunities's payout ratio for the trailing twelve months (TTM) is 51.95%
FS Credit Opportunities Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-24 | $0.06 | monthly | 2024-10-31 |
2024-09-23 | $0.06 | monthly | 2024-09-30 |
2024-08-23 | $0.06 | monthly | 2024-08-30 |
2024-07-24 | $0.06 | monthly | 2024-07-31 |
2024-06-21 | $0.06 | monthly | 2024-06-28 |
2024-05-22 | $0.06 | monthly | |
2024-04-22 | $0.06 | monthly | 2024-04-30 |
2024-03-20 | $0.06 | monthly | 2024-03-28 |
2024-02-21 | $0.06 | monthly | 2024-02-29 |
2024-01-23 | $0.06 | monthly | 2024-01-31 |
2023-12-20 | $0.06 | monthly | 2023-12-29 |
2023-11-20 | $0.06 | monthly | 2023-11-30 |
2023-10-20 | $0.06 | monthly | 2023-10-31 |
2023-09-21 | $0.06 | monthly | 2023-09-29 |
2023-08-22 | $0.06 | monthly | 2023-08-31 |
2023-07-20 | $0.06 | monthly | 2023-07-31 |
2023-06-21 | $0.05 | monthly | 2023-06-30 |
2023-05-22 | $0.05 | monthly | 2023-05-31 |
2023-04-21 | $0.05 | monthly | 2023-04-28 |
2023-03-23 | $0.05 | monthly | 2023-03-31 |
2023-02-17 | $0.05 | monthly | 2023-02-28 |
2023-01-23 | $0.05 | monthly | 2023-01-31 |
2022-12-22 | $0.05 | monthly | 2022-12-30 |
2022-11-28 | $0.04 | monthly | 2022-12-02 |
FS Credit Opportunities Dividend per year
FS Credit Opportunities Dividend growth
FS Credit Opportunities Dividend Yield
FS Credit Opportunities current trailing twelve-month (TTM) dividend yield is 10.69%. Interested in purchasing FS Credit Opportunities stock? Use our calculator to estimate your expected dividend yield:
FS Credit Opportunities Financial Ratios
FS Credit Opportunities Dividend FAQ
Other factors to consider when evaluating FS Credit Opportunities as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: FS Credit Opportunities's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, FS Credit Opportunities publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, FS Credit Opportunities distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from FS Credit Opportunities are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: FS Credit Opportunities sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, FS Credit Opportunities distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: FS Credit Opportunities declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of FS Credit Opportunities's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review FS Credit Opportunities's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.