OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (OCCIM) to Issue Monthly Dividend of $0.16 on June 30th

OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) announced a monthly dividend on Friday, January 16th. Shareholders of record on Monday, June 15th will be given a dividend of 0.1641 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 7.9%. The ex-dividend date is Monday, June 15th.

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

Shares of OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock stock traded down $0.09 on Friday, hitting $25.04. The stock had a trading volume of 2,607 shares, compared to its average volume of 2,029. OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock has a twelve month low of $24.42 and a twelve month high of $26.06. The business’s 50 day moving average is $25.15 and its two-hundred day moving average is $25.10.

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. bought a new stake in OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (NASDAQ:OCCIM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 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 investment 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.