OFS Credit Company, Inc. (NASDAQ:OCCIO) Declares Monthly Dividend of $0.13

OFS Credit Company, Inc. (NASDAQ:OCCIO) declared a monthly dividend on Friday, January 16th. Shareholders of record on Monday, March 16th will be given a dividend of 0.1276 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Monday, March 16th.

OFS Credit Stock Down 0.1%

Shares of OFS Credit stock opened at $25.06 on Friday. OFS Credit has a 1-year low of $24.20 and a 1-year high of $25.80. The firm’s 50-day moving average price is $25.03 and its two-hundred day moving average price is $24.99.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in OFS Credit stock. Karpus Management Inc. purchased a new position in shares of OFS Credit Company, Inc. (NASDAQ:OCCIO) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 78,615 shares of the company’s stock, valued at approximately $1,959,000.

About OFS Credit

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.