OFS Credit Company Inc has declared a monthly dividend of $0.1276 per share for its 6.125% PRF REDEEM 30/04/2026 USD 25 - Ser C. The dividend will be payable on August 29 and September 30, with record dates of August 15 and September 15, respectively. This dividend is in line with previous payments.
OFS Credit Company Inc (Nasdaq: OCCIO) has declared a monthly dividend of $0.1276 per share for its 6.125% Series C Term Preferred Stock. The dividend will be payable on August 29 and September 30, with record dates of August 15 and September 15, respectively. This dividend is in line with previous payments and is part of a broader series of monthly distributions for the company's preferred stockholders [1].
The company's primary investment objective is to generate current income, with a secondary objective to achieve capital appreciation through investments in collateralized loan obligation (CLO) equity and debt securities. OFS Credit is a non-diversified, externally managed closed-end management investment company, with its investment activities managed by OFS Capital Management, LLC [1].
The dividend schedule for the 6.125% Series C Term Preferred Stock is as follows:
- August 2025: Payable August 29, Record Date August 15, Cash Distribution $0.1276042 per share
- September 2025: Payable September 30, Record Date September 15, Cash Distribution $0.1276042 per share
- October 2025: Payable October 31, Record Date October 15, Cash Distribution $0.1276042 per share
- November 2025: Payable November 28, Record Date November 17, Cash Distribution $0.1276042 per share
- December 2025: Payable December 31, Record Date December 12, Cash Distribution $0.1276042 per share
- January 2026: Payable January 30, Record Date January 15, Cash Distribution $0.1276042 per share [1]
For common stockholders, OFS Credit offers a Dividend Reinvestment Plan (DRIP), allowing investors to receive a 5% discount on the market price per share at the close of regular trading on the Nasdaq Capital Market on the valuation date fixed by the Board for each distribution [1].
OFS Credit's latest financial performance highlights its commitment to generating current income for shareholders. The company's non-GAAP net income interest (NII) of $0.37 in May 2025 exceeded analysts' expectations by $0.13, and revenue of $10.2 million missed estimates by $1.24 million [3].
Investors should review the company's forward-looking statements and risk factors, which include interest rate and inflation rate changes, geopolitical tensions, and potential impacts from the new U.S. Presidential administration's agenda [1].
References:
[1] https://finance.yahoo.com/news/ofs-credit-company-declares-monthly-200000654.html
[2] https://seekingalpha.com/news/4468972-ofs-credit-company-inc-6_125-percent-prf-redeem-30-04-2026-usd-25-ser-c-declares-0_1276
[3] https://www.morningstar.com/news/business-wire/20250717383063/ofs-credit-company-declares-monthly-common-stock-cash-distributions
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