OFS Credit Company Declares Monthly Common Stock Cash Distributions

In This Article:

Preferred Stock Distributions Declared Through July 31, 2025

CHICAGO, January 17, 2025--(BUSINESS WIRE)--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 April 30, 2025. The Board has also declared monthly cash distributions for the Company’s 6.125% Series C Term Preferred Stock, 6.00% Series D Term Preferred Stock, 5.25% Series E Term Preferred Stock and 7.875% Series F Term Preferred Stock through July 31, 2025.

Common Stock Distributions

The following schedule applies to the common stock (Nasdaq: OCCI) 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

February 2025

February 18, 2025

February 28, 2025

$0.115

March 2025

March 21, 2025

March 31, 2025

$0.115

April 2025

April 18, 2025

April 30, 2025

$0.115

Dividend Reinvestment Plan ("DRIP") – DRIP Shares Issued at 95% of Market Price

Common stockholders who participate in our DRIP have the opportunity to receive a 5% discount to the market price per share of common stock at the close of regular trading on The Nasdaq Capital Market on the valuation date fixed by the Board for each distribution (i.e., the payment date).

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.

Preferred Stock Distributions

The following schedule applies to the 6.125% Series C Term Preferred Stock (Nasdaq: OCCIO) distributions for preferred stockholders of record on the close of business of each specific record date:

Month

Record Date

Payment Date

Cash Distribution Per Share

February 2025

February 18, 2025

February 28, 2025

$0.1276042

March 2025

March 21, 2025

March 31, 2025

$0.1276042

April 2025

April 18, 2025

April 30, 2025

$0.1276042

May 2025

May 20, 2025

May 30, 2025

$0.1276042

June 2025

June 20, 2025

June 30, 2025

$0.1276042

July 2025

July 21, 2025

July 31, 2025

$0.1276042

The following schedule applies to the 6.00% Series D Term Preferred Stock distributions for preferred stockholders of record on the close of business of each specific record date: