OFS CR CO INC/COM (NASDAQ:OCCI) announced a monthly dividend on Wednesday, October 17th, Wall Street Journal reports. Stockholders of record on Monday, January 14th will be paid a dividend of 0.167 per share on Thursday, January 31st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 10.62%. The ex-dividend date is Friday, January 11th.
Shares of OFS CR CO INC/COM stock opened at $18.87 on Thursday. OFS CR CO INC/COM has a 1 year low of $16.79 and a 1 year high of $19.00.
In related news, insider Bilal Rashid bought 77,500 shares of the business’s stock in a transaction dated Wednesday, October 10th. The shares were acquired at an average price of $20.00 per share, for a total transaction of $1,550,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
OFS Credit Company, Inc operates as a closed-end management investment company in the United States. The company primarily focuses on investing in debt and subordinated securities; corporate credit investments, including leveraged loans and high yield bonds; opportunistic credit investments, such as stressed and distressed credit situations and long/short credit investments; and other credit-related instruments.
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