OFS Credit Company, Inc. (NASDAQ:OCCIN – Get Free Report) announced a monthly dividend on Friday, January 16th. Stockholders of record on Friday, May 15th will be paid a dividend of 0.1094 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date is Friday, May 15th.
OFS Credit Stock Performance
Shares of OCCIN opened at $24.71 on Wednesday. OFS Credit has a 52 week low of $23.85 and a 52 week high of $24.89. The stock’s 50-day moving average price is $24.64 and its 200-day moving average price is $24.57.
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.
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