FS Credit Opp: Dividend Insights
Portfolio Pulse from Benzinga Insights
FS Credit Opp (NYSE:FSCO) announced a monthly dividend of 5.7 cents per share, with Tuesday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Wednesday, indicating a likely opening price reduction by the dividend amount. The dividend is scheduled to be paid on December 29, 2023.
December 15, 2023 | 2:45 pm
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FS Credit Opp (FSCO) will pay a monthly dividend of 5.7 cents per share, with the stock going ex-dividend on Wednesday, likely causing a price drop equal to the dividend amount.
The stock price of FSCO is expected to drop in the short term by the amount of the dividend as it goes ex-dividend. This is a common occurrence as the value of the dividend is accounted for in the stock price.
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