OFS Credit Company Declares Monthly Common Stock Cash Distributions
OFS Credit Company (Nasdaq: OCCI) has announced monthly cash distributions of $0.115 per share of common stock for the quarter ending January 31, 2025. The distributions will be paid to stockholders of record on November 19, December 20, 2024, and January 21, 2025, with respective payment dates of November 29, December 31, 2024, and January 31, 2025.
The company also offers a Dividend Reinvestment Plan (DRIP) that allows common stockholders to receive shares at a 5% discount to the market price on the valuation date. The DRIP shares are issued at 95% of the market price based on Nasdaq Capital Market closing prices.
OFS Credit Company (Nasdaq: OCCI) ha annunciato distribuzioni mensili in contante di $0,115 per azione di capitale comune per il trimestre che termina il 31 gennaio 2025. Le distribuzioni saranno pagate agli azionisti registrati il 19 novembre, 20 dicembre 2024 e 21 gennaio 2025, con date di pagamento rispettive del 29 novembre, 31 dicembre 2024 e 31 gennaio 2025.
La società offre anche un Piano di Reinvestimento dei Dividendi (DRIP) che consente agli azionisti di capitale comune di ricevere azioni con uno sconto del 5% sul prezzo di mercato alla data di valutazione. Le azioni DRIP vengono emesse al 95% del prezzo di mercato basato sui prezzi di chiusura del Nasdaq Capital Market.
OFS Credit Company (Nasdaq: OCCI) ha anunciado distribuciones mensuales en efectivo de $0.115 por acción de acciones ordinarias para el trimestre que finaliza el 31 de enero de 2025. Las distribuciones se pagarán a los accionistas registrados el 19 de noviembre, 20 de diciembre de 2024 y 21 de enero de 2025, con fechas de pago respectivas del 29 de noviembre, 31 de diciembre de 2024 y 31 de enero de 2025.
La compañía también ofrece un Plan de Reinversión de Dividendos (DRIP) que permite a los accionistas de acciones ordinarias recibir acciones con un descuento del 5% sobre el precio de mercado en la fecha de valoración. Las acciones DRIP se emiten al 95% del precio de mercado basado en los precios de cierre del Nasdaq Capital Market.
OFS Credit Company (Nasdaq: OCCI)는 2025년 1월 31일 종료되는 분기 동안 보통주 1주당 $0.115의 현금 배당금을 매월 지급한다고 발표했습니다. 배당금은 2024년 11월 19일, 2024년 12월 20일, 2025년 1월 21일에 등록된 주주에게 지급되며, 각각의 지급일은 2024년 11월 29일, 2024년 12월 31일, 2025년 1월 31일입니다.
이 회사는 또한 보통주 주주가 평가 기준일의 시장 가격에서 5% 할인된 가격으로 주식을 받을 수 있는 배당금 재투자 계획(DRIP)을 제공합니다. DRIP 주식은 Nasdaq Capital Market의 종가를 기준으로 시장 가격의 95%로 발행됩니다.
La OFS Credit Company (Nasdaq: OCCI) a annoncé des distributions en espèces mensuelles de 0,115 $ par action pour les actions ordinaires pour le trimestre se terminant le 31 janvier 2025. Les distributions seront versées aux actionnaires enregistrés le 19 novembre, 20 décembre 2024 et 21 janvier 2025, avec des dates de paiement respectives du 29 novembre, 31 décembre 2024 et 31 janvier 2025.
L'entreprise propose également un Plan de Réinvestissement des Dividendes (DRIP) qui permet aux actionnaires ordinaires de recevoir des actions à un prix de marché réduit de 5 % à la date d'évaluation. Les actions DRIP sont émises à 95 % du prix de marché basé sur les prix de clôture du Nasdaq Capital Market.
Die OFS Credit Company (Nasdaq: OCCI) hat monatliche Barauszahlungen von 0,115 $ pro Stammaktie für das zum 31. Januar 2025 endende Quartal angekündigt. Die Auszahlungen werden an die am 19. November, 20. Dezember 2024 und 21. Januar 2025 registrierten Aktionäre gezahlt, mit den jeweiligen Zahlungsterminen am 29. November, 31. Dezember 2024 und 31. Januar 2025.
Das Unternehmen bietet außerdem einen Dividenden-Reinvestitionsplan (DRIP) an, der es Stammaktionären ermöglicht, Aktien mit einem Rabatt von 5 % auf den Marktpreis am Bewertungsdatum zu erhalten. Die DRIP-Aktien werden zu 95 % des Marktpreises, basierend auf den Schlusskursen des Nasdaq Capital Market, ausgegeben.
- Consistent monthly dividend distribution of $0.115 per share
- 5% discount offered on DRIP participation
- None.
Insights
The monthly distribution announcement of
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 |
|
December 2024 |
December 20, 2024 |
December 31, 2024 |
|
January 2025 |
January 21, 2025 |
January 31, 2025 |
|
Dividend Reinvestment Plan (“DRIP”) – DRIP Shares Issued at
Our DRIP offers our common stockholders the right to receive a
Common stockholders that are interested in participating in our DRIP should contact their broker or financial intermediary.
Additional information about our DRIP and how to participate can be found at https://ir.ofscreditcompany.com/shareholder-services/dividend-reinvestment-plan. We make our website content available for informational purposes only. It should not be relied upon for investment purposes, nor is it incorporated by reference into this press release.
About OFS Credit Company, Inc.
OFS Credit is a non-diversified, externally managed closed-end management investment company. The Company’s primary investment objective is to generate current income, with a secondary objective to generate capital appreciation, which we seek to achieve primarily through investments in CLO equity and debt securities. The Company’s investment activities are managed by OFS Capital Management, LLC, an investment adviser registered under the Investment Advisers Act of 19401, as amended, and headquartered in
Forward-Looking Statements
Statements in this press release may constitute “forward-looking statements” regarding management’s future expectations, beliefs, intentions, goals, strategies, plans or prospects. Forward-looking statements can be identified by terminology such as “anticipate,” “believe,” “could,” “could increase the likelihood,” “estimate,” “expect,” “intend,” “is planned,” “may,” “should,” “will,” “will enable,” “would be expected,” “look forward,” “may provide,” “would” or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to in documents that may be filed by OFS Credit from time to time with the Securities and Exchange Commission, as well as interest rate changes and elevated inflation rates, the ongoing war between
1 Registration does not imply a certain level of skill or training.
OFS® and OFS Credit® are registered trademarks of Orchard First Source Asset Management, LLC.
OFS Capital Management™ is a trademark of Orchard First Source Asset Management, LLC.
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INVESTOR RELATIONS:
Steve Altebrando
847-734-2085
investorrelations@ofscreditcompany.com
MEDIA RELATIONS:
Bill Mendel
212-397-1030
bill@mendelcommunications.com
Source: OFS Credit Company, Inc.
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