OFS Credit Company, Inc. (OCCIN) To Go Ex-Dividend on December 15th

OFS Credit Company, Inc. (NASDAQ:OCCIN) declared a monthly dividend on Thursday, July 16th. Stockholders of record on Tuesday, December 15th will be paid a dividend of 0.1094 per share on Thursday, December 31st. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Tuesday, December 15th.

OFS Credit Stock Up 0.4%

Shares of OCCIN stock opened at $24.90 on Friday. OFS Credit has a 52-week low of $24.21 and a 52-week high of $24.95. The firm’s 50 day moving average price is $24.78 and its two-hundred day moving average price is $24.69.

Analyst Ratings Changes

Separately, Weiss Ratings lowered OFS Credit from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, June 15th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, OFS Credit currently has a consensus rating of “Sell”.

About OFS Credit

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.