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

OFS Credit Company, Inc. (NASDAQ:OCCIN) declared a monthly dividend on Friday, January 16th. Shareholders of record on Friday, February 13th will be given a dividend of 0.1094 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date is Friday, February 13th.

OFS Credit Stock Up 0.1%

Shares of OCCIN traded up $0.03 during midday trading on Wednesday, reaching $24.71. 665 shares of the stock were exchanged, compared to its average volume of 6,341. The stock’s 50 day simple moving average is $24.56 and its 200 day simple moving average is $24.46. OFS Credit has a twelve month low of $23.50 and a twelve month high of $24.87.

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.