OFS Credit Company, Inc. (NASDAQ:OCCIN – Get Free Report) announced a monthly dividend on Friday, January 16th. Investors of record on Monday, June 15th will be given a dividend of 0.1094 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date is Monday, June 15th.
OFS Credit Trading Up 0.1%
OFS Credit stock traded up $0.03 during midday trading on Friday, reaching $24.81. 3,223 shares of the company were exchanged, compared to its average volume of 3,474. The firm’s 50-day simple moving average is $24.73 and its 200-day simple moving average is $24.63. OFS Credit has a 1 year low of $24.00 and a 1 year high of $24.93.
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.
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