OFS Credit Company, Inc. (OCCIN) to Issue Monthly Dividend of $0.11 on February 27th

OFS Credit Company, Inc. (NASDAQ:OCCIN) announced a monthly dividend on Friday, January 16th. Investors of record on Friday, February 13th will be paid a dividend of 0.1094 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Friday, February 13th.

OFS Credit Stock Performance

NASDAQ OCCIN traded up $0.05 on Wednesday, reaching $24.73. 735 shares of the stock traded hands, compared to its average volume of 6,351. The firm’s fifty day simple moving average is $24.56 and its 200 day simple moving average is $24.46. 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.