OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM – Get Free Report) declared a monthly dividend on Friday, January 16th. Investors of record on Friday, May 15th will be given a dividend of 0.1641 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date is Friday, May 15th.
OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock Stock Performance
NASDAQ:OCCIM opened at $25.15 on Wednesday. OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock has a 12-month low of $24.42 and a 12-month high of $26.06. The stock’s 50 day moving average price is $24.98 and its two-hundred day moving average price is $25.07.
Hedge Funds Weigh In On OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock
A hedge fund recently bought a new stake in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock stock. Karpus Management Inc. purchased a new stake in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 269,146 shares of the company’s stock, valued at approximately $6,774,000. OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock comprises 1.4% of Karpus Management Inc.’s holdings, making the stock its 24th largest position.
OFS Credit Company, Inc is a closed-end management investment company organized as a Maryland corporation in November 2014 and externally managed by OFS Capital Management, LLC. The firm is structured to provide investors with access to private credit markets by investing primarily in debt instruments of middle-market companies based in the United States.
The company’s investment strategy focuses on senior secured first-lien and second-lien loans, unsecured loans, high-yield bonds and other corporate debt obligations.
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