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

OFS Credit Company, Inc. (NASDAQ:OCCIN) declared a monthly dividend on Friday, January 16th. Shareholders 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 yield of 5.3%. The ex-dividend date is Monday, June 15th.

OFS Credit Stock Up 0.1%

OCCIN opened at $24.81 on Friday. The company has a fifty day moving average of $24.73 and a two-hundred day moving average of $24.63. OFS Credit has a fifty-two week low of $24.00 and a fifty-two week high of $24.93.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of OFS Credit from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, March 25th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, OFS Credit presently has a consensus rating of “Sell”.

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.