OFS Credit Company, Inc. (NASDAQ:OCCIO – Get Free Report) shares rose 0% during mid-day trading on Monday . The company traded as high as $25.02 and last traded at $25.0150. Approximately 1,505 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 3,200 shares. The stock had previously closed at $25.01.
OFS Credit Trading Up 0.0%
The stock’s fifty day moving average price is $25.00 and its 200 day moving average price is $24.97.
OFS Credit Cuts Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, April 15th will be paid a dividend of $0.1234 per share. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a c) annualized dividend and a yield of 5.9%.
OFS Credit Company Profile
OFS Credit Company, Inc (NASDAQ:OCCIO), headquartered in St. Petersburg, Florida, is a closed‐end investment company that seeks to generate current income and capital appreciation by investing in privately negotiated debt and equity securities of U.S. middle‐market companies. Organized as a business development company under the Investment Company Act of 1940, OFS Credit began operations in 2021 and is externally managed by OFS Capital Management, LLC.
The firm’s investment strategy emphasizes flexible financing solutions, including senior secured loans, second‐lien and mezzanine debt, and opportunistic equity interests.
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