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OFS Credit Announces $0.115 Monthly Dividend, Payable Dates Confirmed
ByAinvest
Saturday, Jul 19, 2025 1:35 pm ET1min read
OFS Credit has declared a monthly dividend of $0.115 per share, in line with previous payouts. The dividend will be payable on August 29, September 30, and October 31, with ex-dividend dates on August 15, September 15, and October 15.
OFS Credit Company, Inc. (Nasdaq: OCCI), a non-diversified, externally managed closed-end management investment company, has announced a monthly dividend of $0.115 per share. This payout aligns with the company's consistent dividend policy, with upcoming distributions set for August 29, September 30, and October 31, 2025. The ex-dividend dates are August 15, September 15, and October 15, respectively [1][2][3].The dividend declarations come as part of OFS Credit's strategy to generate current income through investments in collateralized loan obligation (CLO) equity and debt securities. The company's primary investment objective is to generate current income, with a secondary objective to achieve capital appreciation. The investment activities are managed by OFS Capital Management, LLC, an investment adviser registered under the Investment Advisers Act of 1940 [1][3].
Analysts project a potential 15.24% upside in OCCI stock, with a consensus price target of $7.13. The average one-year price target is $7.13, ranging from a high of $7.25 to a low of $7.00, indicating a potential upside of 15.24% from the current trading price of $6.18 [1]. The consensus from brokerage firms places the average recommendation at 1.5, aligning with a "Buy" status on the rating scale of 1 to 5 [1].
Investors considering OFS Credit should weigh these insights, understanding both the potential for growth and the company's commitment to regular dividend distributions. The company's consistent dividend policy provides a steady income stream for shareholders, which can be particularly attractive to income-focused investors.
References:
[1] https://www.gurufocus.com/news/2988376/ofs-credit-occi-maintains-steady-monthly-dividend-payout
[2] https://www.marketscreener.com/news/ofs-credit-company-declares-monthly-common-stock-cash-distributions-ce7c5cd9d08afe24
[3] https://www.businesswire.com/news/home/20250717383063/en/OFS-Credit-Company-Declares-Monthly-Common-Stock-Cash-Distributions
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