OFS Credit Company, Inc. (NASDAQ:OCCIN – Get Free Report) announced a monthly dividend on Friday, January 16th. Stockholders of record on Monday, June 15th will be given a dividend of 0.1094 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Monday, June 15th.
OFS Credit Stock Performance
Shares of NASDAQ:OCCIN traded up $0.03 during midday trading on Friday, hitting $24.81. 3,223 shares of the stock were exchanged, compared to its average volume of 3,474. The business’s 50-day moving average price is $24.73 and its 200 day moving average price is $24.63. OFS Credit has a 12 month low of $24.00 and a 12 month high of $24.93.
OFS Credit Company Profile
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.
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