OFS Credit Company, Inc. (NASDAQ:OCCIO) Plans Dividend Increase – $0.13 Per Share

OFS Credit Company, Inc. (NASDAQ:OCCIO) declared a monthly dividend on Friday, January 16th. Shareholders of record on Friday, February 13th will be given a dividend of 0.1276 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Friday, February 13th. This is a 0.0% increase from OFS Credit’s previous monthly dividend of $0.13.

OFS Credit Stock Down 0.1%

Shares of NASDAQ:OCCIO traded down $0.03 during trading on Wednesday, hitting $25.04. 3,561 shares of the company’s stock were exchanged, compared to its average volume of 3,212. The firm has a 50-day moving average price of $25.02 and a two-hundred day moving average price of $24.98. OFS Credit has a 1-year low of $24.20 and a 1-year high of $25.80.

OFS Credit Company Profile

OFS Credit Company, Inc (NASDAQ:OCCIO), headquartered in St. Petersburg, Florida, is a closed‐end investment company that seeks to generate current income and capital appreciation by investing in privately negotiated debt and equity securities of U.S. middle‐market companies. Organized as a business development company under the Investment Company Act of 1940, OFS Credit began operations in 2021 and is externally managed by OFS Capital Management, LLC.

The firm’s investment strategy emphasizes flexible financing solutions, including senior secured loans, second‐lien and mezzanine debt, and opportunistic equity interests.