Ladenburg Thalmann Downgrades OFS Credit Co to Neutral
$OCCI
Trusts Except Educational Religious and Charitable
Finance
Ladenburg Thalmann analyst Mickey Schleien downgrades OFS Credit Co (NASDAQ:OCCI) from Buy to Neutral.
Save time and jump to the most important pieces.
OFS Credit Company, Inc. (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 (the "Board") declared monthly cash distributions of $0.115 per share of common stock for each of the three months in the quarter ending January 31, 2025. The following schedule applies to the distributions for common stockholders of record on the close of business of each specific record date: Month Record Date Payment Date Cash Distribution Per Share November 2024 November 19, 2024 November 29, 2024 $0.115 Decem
OFS Credit Company, Inc. (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 its financial results for the fiscal quarter ended July 31, 2024. THIRD QUARTER HIGHLIGHTS Net investment income ("NII") of $3.9 million, or $0.24 per common share, for the fiscal quarter ended July 31, 2024. This compares to NII of $4.5 million, or $0.28 per common share, for the fiscal quarter ended April 30, 2024. The decrease in NII per common share was primarily due to a decrease in interest income. See additional information under "Results of Operations" below.
Preferred Stock Distributions Declared Through January 31, 2025 OFS Credit Company, Inc. (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 (the "Board") declared monthly cash distributions of $0.115 per common share, a 9.5% increase from the prior monthly distribution amount of $0.105 per common share, for common stockholders for each of the three months in the quarter ending October 31, 2024. The Board has also declared monthly cash distributions for the Company's 6.125% Series C Term Preferred Stock, 6.00% Series D
424B3 - OFS Credit Company, Inc. (0001716951) (Filer)
424B3 - OFS Credit Company, Inc. (0001716951) (Filer)
CERT - OFS Credit Company, Inc. (0001716951) (Filer)
4 - OFS Credit Company, Inc. (0001716951) (Issuer)
4 - OFS Credit Company, Inc. (0001716951) (Issuer)
SC 13G/A - OFS Credit Company, Inc. (0001716951) (Subject)
SC 13G/A - OFS Credit Company, Inc. (0001716951) (Subject)
SC 13G/A - OFS Credit Company, Inc. (0001716951) (Subject)
At the end of today, March 04, 2024, Hennessy Advisors (NASDAQ:HNNA) will distribute a dividend payout of $0.14 per share, translating to an annualized dividend yield of 8.33%. Shareholders who held the stock before the ex-dividend date on February 16, 2024 will benefit from this payout. Hennessy Advisors Recent Dividend Payouts table { width: 100%; border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; } th, td { padding: 8px; text-align: left; } th { background-color: #293a5a; color: #fff; text-align: left; }
OFS Credit Co (NASDAQ:OCCI) reported quarterly earnings of $0.62 per share. This is a 44.19 percent increase over earnings of $0.43 per share from the same period last year.
OFS Credit Company, Inc. (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 the following net asset value ("NAV") estimate as of October 31, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of October 31, 2024 is between $7.13 and $7.23. This estimate is not a comprehensive statement of our financial condition or results for the month ended October 31, 2024. This estimate did not undergo the Company's typical quarter-end financial closing procedures. We advise you that the final determination of our
OFS Credit Company, Inc. (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 (the "Board") declared monthly cash distributions of $0.115 per share of common stock for each of the three months in the quarter ending January 31, 2025. The following schedule applies to the distributions for common stockholders of record on the close of business of each specific record date: Month Record Date Payment Date Cash Distribution Per Share November 2024 November 19, 2024 November 29, 2024 $0.115 Decem
OFS Credit Company, Inc. (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 the following net asset value ("NAV") estimate as of September 30, 2024. Management's unaudited estimate of the range of our NAV per share of our common stock as of September 30, 2024 is between $6.98 and $7.08. This estimate is not a comprehensive statement of our financial condition or results for the month ended September 30, 2024. This estimate did not undergo the Company's typical quarter-end financial closing procedures. We advise you that current estimates of our
4 - OFS Credit Company, Inc. (0001716951) (Issuer)
4 - OFS Credit Company, Inc. (0001716951) (Issuer)
4 - OFS Credit Company, Inc. (0001716951) (Issuer)