dividend
confidence high
sentiment neutral
materiality 0.50
FS Credit Opportunities Corp. terminates DRP, declares $0.0425/share cash distribution
FS Credit Opportunities Corp.
- Board approved termination of distribution reinvestment plan effective October 3, 2022.
- Cash distribution of $0.0425 per share to be paid on October 20, 2022 to holders of record October 19.
- Company expects NYSE listing in early to mid-November 2022, subject to market conditions and Board approval.
- Directors and officers plan to commit to an investment fund to purchase Company shares post-listing.
- Company will not implement the previously disclosed open-market share repurchase program.