Answer Overview
The dividend‑yield implied by the announced August 2025 distribution can be calculated only by comparing the per‑share distribution ($0.0678) to the current market price of FS Credit Opportunities Corp. (FSCO) shares.
Below is a step‑by‑step guide, the formula you would use, and a few illustrative “what‑if” examples that show how the yield changes with different share‑price levels.
1. The basic formula
[
\text{Dividend Yield (monthly)} = \frac{\text{Distribution per share}}{\text{Current share price}} \times 100\%
]
If you want the annualized yield (typical for most investors who view a fund’s yield on a yearly basis), simply multiply the monthly result by 12:
[
\text{Dividend Yield (annualized)} = \frac{\text{Distribution per share} \times 12}{\text{Current share price}} \times 100\%
]
Key point: The distribution announced is a monthly cash payment. The yield you see on most financial‑portal screens (e.g., Yahoo! Finance, Bloomberg, Morningstar) is usually the annualized figure.
2. What you need to know today
| Item | Value |
|---|---|
| Distribution per share (August 2025) | $0.0678 |
| Current FSCO share price | Not supplied in the press release – you must obtain this from a real‑time market source (e.g., Bloomberg, Reuters, Yahoo! Finance, your brokerage platform, or a market‑data API). |
Without the current price, the yield cannot be computed. The news article only tells us the amount of the distribution; the price is a separate market variable that changes continuously.
3. How to retrieve the current price
- Web‑based quote – Go to a site such as https://finance.yahoo.com/quote/FSCO or https://www.bloomberg.com/quote/FSCO:US.
- Brokerage platform – Look up “FSCO” in the ticker search box.
- Financial‑data API – If you have programmatic access, you can call an endpoint like:
GET https://api.marketdata.com/v1/quotes?symbol=FSCO
The response will include a field such as "lastPrice": 10.23.
- Google search – Typing “FSCO price” into Google often returns the latest price in the instant‑answer box.
Make sure the price you use is the *most recent** (i.e., as of the day you are performing the calculation).*
4. Example calculations
Below are a few “what‑if” scenarios that illustrate how the yield varies with the share price. These are illustrative only; replace the price with the actual market price you obtain.
| Current FSCO price | Monthly yield | Annualized yield |
|---|---|---|
| $9.00 | 0.0678 / 9.00 = 0.00753 → 0.75 % per month | 0.75 % × 12 = 9.0 % per year |
| $10.00 | 0.0678 / 10.00 = 0.00678 → 0.68 % per month | 0.68 % × 12 = 8.14 % per year |
| $12.50 | 0.0678 / 12.50 = 0.00542 → 0.54 % per month | 0.54 % × 12 = 6.50 % per year |
| $15.00 | 0.0678 / 15.00 = 0.00452 → 0.45 % per month | 0.45 % × 12 = 5.40 % per year |
Interpretation
- When the share price is lower, the same $0.0678 distribution represents a higher yield.
- Conversely, a higher share price dilutes the yield.
5. Putting it all together – your exact answer
- Obtain the current FSCO price (e.g., $X.XX).
- Plug the numbers into the formula:
[
\text{Monthly Yield (\%)} = \frac{0.0678}{X.XX} \times 100
]
[
\text{Annualized Yield (\%)} = \frac{0.0678 \times 12}{X.XX} \times 100
]
- Report the result – e.g., “If FSCO is trading at $10.00, the August 2025 distribution yields 0.68 % per month (≈ 8.14 % annualized).”
6. Quick checklist for you
| ✅ | Action |
|---|---|
| 1 | Look up the latest FSCO share price (as of the day you need the yield). |
| 2 | Use the formula above to compute the monthly and annualized yields. |
| 3 | Double‑check that you are using the price per share (not the market‑cap or NAV). |
| 4 | If you need the yield for a specific date (e.g., August 7 2025), use the closing price from that date (historical data). |
TL;DR
- Yield = $0.0678 ÷ Current FSCO price (× 100 for a percentage).
- Annualized yield = ($0.0678 × 12) ÷ Current price (× 100).
- You must first obtain the current share price; the press release does not provide it.
Once you have the price, plug it into the formulas and you’ll have the exact dividend yield implied by the August 2025 distribution.