OFS Credit Company, Inc. – 7.875% Series F Term Preferred Stock (OCCIM) To Go Ex-Dividend on June 15th

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

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

OCCIM traded down $0.09 during trading 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 company’s 50-day moving average price is $25.15 and its 200 day moving average price is $25.10.

Institutional Inflows and Outflows

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) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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 accounts for approximately 1.4% of Karpus Management Inc.’s portfolio, making the stock its 24th biggest holding.

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.