OFS Credit Company, Inc. (NASDAQ:OCCIN – Get Free Report) declared a monthly dividend on Wednesday, July 16th, Wall Street Journal reports. Shareholders of record on Thursday, January 15th will be given a dividend of 0.1094 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend is Thursday, January 15th. This is a 0.0% increase from OFS Credit’s previous monthly dividend of $0.11.
OFS Credit Trading Up 0.1%
Shares of NASDAQ OCCIN opened at $24.64 on Tuesday. The business’s fifty day simple moving average is $24.47 and its 200-day simple moving average is $24.40. OFS Credit has a 12-month low of $23.50 and a 12-month high of $24.87.
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.
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