OFS Credit (OCCI) Raises Quarterly Dividend 1.9% to $0.53; 15.8% Yield
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OFS Credit Company Increases Common Stock Distribution and Declares Preferred Stock Distributions
February 9, 2021 4:00 PM ESTCHICAGO--(BUSINESS WIRE)-- OFS Credit Company (NASDAQ: OCCI) (OFS Credit, the Company, we, us or our), an investment company that primarily invests in collateralized loan obligation (CLO) equity and debt securities, today announced that its Board of Directors has declared a $0.53 per share quarterly distribution, an approximate 2% increase from the prior quarter, for common stockholders for the quarter ending April 30, 2021. The Board of Directors has also declared monthly cash distributions on the 6.875% Series A Term Preferred Stock and 6.60% Series B Term Preferred Stock through July 2021.
The distribution for common stockholders will be paid in cash or... More
