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

OFS Credit Company, Inc. (NASDAQ:OCCIN) declared a monthly dividend on Thursday, July 16th. Investors of record on Friday, August 14th will be paid a dividend of 0.1094 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend is Friday, August 14th.

OFS Credit Stock Performance

NASDAQ OCCIN opened at $24.80 on Friday. OFS Credit has a 52 week low of $24.21 and a 52 week high of $24.95. The firm has a 50 day moving average of $24.78 and a two-hundred day moving average of $24.69.

Wall Street Analyst Weigh In

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