OFS Credit Company, Inc. (NASDAQ:OCCIN) to Issue Monthly Dividend of $0.11

OFS Credit Company, Inc. (NASDAQ:OCCIN) announced a monthly dividend on Friday, January 16th. Stockholders of record on Monday, June 15th will be given a dividend of 0.1094 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend is Monday, June 15th.

OFS Credit Stock Up 0.1%

Shares of OCCIN opened at $24.81 on Friday. OFS Credit has a 1-year low of $24.00 and a 1-year high of $24.93. The firm’s 50-day moving average price is $24.73 and its 200-day moving average price is $24.63.

OFS Credit Company Profile

OFS Credit Company, Inc (NASDAQ: OCCIN) is a non-diversified, closed-end management investment company focused on corporate credit investments. Since its initial public offering in June 2020, the company has sought to provide investors with current income and capital preservation through a diversified portfolio of floating-rate senior secured loans, second-lien financings and other debt instruments issued by middle-market companies in the United States.

The firm’s investment strategy emphasizes privately negotiated loans and structured credit solutions that are typically less accessible via public debt markets.