OFS Credit Company, Inc. Declares Monthly Dividend of $0.11 (NASDAQ:OCCIN)

OFS Credit Company, Inc. (NASDAQ:OCCIN) declared a monthly dividend on Thursday, July 16th. Stockholders of record on Monday, November 16th will be given a dividend of 0.1094 per share on Monday, November 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend is Monday, November 16th.

OFS Credit Stock Performance

Shares of OCCIN opened at $24.80 on Friday. OFS Credit has a 12 month low of $24.21 and a 12 month high of $24.95. The company has a 50-day moving average price of $24.78 and a two-hundred day moving average price of $24.69.

Analyst Ratings Changes

Separately, Weiss Ratings lowered OFS Credit from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, June 15th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

About OFS Credit

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.