FS Credit Opp's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
FS Credit Opp (NYSE:FSCO) has announced a monthly dividend of 5.7 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders who own FSCO as of the end of Monday's session are eligible to receive the dividend, which will be paid out on August 31, 2023.
August 17, 2023 | 2:45 pm
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FS Credit Opp's announcement of a 5.7 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not a reflection of the company's performance.
When a stock goes ex-dividend, it typically trades lower to reflect the payout, which can lead to a short-term decrease in the stock price. However, this is a regular part of the dividend process and not a reflection of the company's performance. Investors who own the stock prior to the ex-dividend date are eligible to receive the dividend.
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IMPORTANCE 60
RELEVANCE 100