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

OFS Credit Company, Inc. (NASDAQ:OCCIN) announced a monthly dividend on Thursday, July 16th. Shareholders of record on Monday, November 16th will be paid a dividend of 0.1094 per share on Monday, November 30th. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend is Monday, November 16th.

OFS Credit Stock Performance

Shares of OCCIN opened at $24.80 on Friday. The stock has a 50 day simple moving average of $24.78 and a 200 day simple moving average of $24.69. OFS Credit has a 52-week low of $24.21 and a 52-week high of $24.95.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered shares of OFS Credit from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, June 15th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average 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.