OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) to Issue $0.16 Monthly Dividend

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) announced a monthly dividend on Friday, January 16th. Shareholders of record on Wednesday, July 15th will be given a dividend of 0.1641 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 7.8%. The ex-dividend date is Wednesday, July 15th.

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock Price Performance

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock stock opened at $25.12 on Monday. OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock has a 52 week low of $24.42 and a 52 week high of $26.06. The company’s 50 day moving average price is $25.16 and its two-hundred day moving average price is $25.10.

Institutional Trading of OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock

A hedge fund recently bought a new stake in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock stock. Karpus Management Inc. acquired a new position in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 269,146 shares of the company’s stock, valued at approximately $6,774,000. OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock comprises about 1.4% of Karpus Management Inc.’s investment portfolio, making the stock its 24th largest position.

OFS Credit Company, Inc is a closed-end management investment company organized as a Maryland corporation in November 2014 and externally managed by OFS Capital Management, LLC. The firm is structured to provide investors with access to private credit markets by investing primarily in debt instruments of middle-market companies based in the United States.

The company’s investment strategy focuses on senior secured first-lien and second-lien loans, unsecured loans, high-yield bonds and other corporate debt obligations.