OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) to Issue Monthly Dividend of $0.16

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) declared a monthly dividend on Thursday, July 16th. Stockholders of record on Monday, November 16th will be given a dividend of 0.1641 per share on Monday, November 30th. This represents a c) annualized dividend and a dividend yield of 7.8%. The ex-dividend date of this dividend is Monday, November 16th.

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock Stock Performance

NASDAQ OCCIM opened at $25.38 on Friday. The company has a 50-day moving average price of $25.17 and a two-hundred day moving average price of $25.11. OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock has a 52 week low of $24.42 and a 52 week high of $26.06.

Institutional Trading of OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock

An institutional investor recently bought a new position 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) in the fourth quarter, according to its most recent Form 13F filing with the SEC. 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 approximately 1.4% of Karpus Management Inc.’s portfolio, making the stock its 24th biggest 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.