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| Reminder - OFS Credit (OCCI) Goes Ex-Dividend SoonBy Dividend Channel Staff, Tuesday, April 16, 9:59 AM ET
On 4/18/24, OFS Credit Co Inc (NASDAQ:OCCI) will trade ex-dividend, for its monthly dividend of $0.10, payable on 4/30/24. As a percentage of OCCI's recent stock price of $7.26, this dividend works out to approximately 1.38%, so look for shares of OFS Credit Co Inc to trade 1.38% lower — all else being equal — when OCCI shares open for trading on 4/18/24. Below is a dividend history chart for OCCI, showing historical dividends prior to the most recent $0.10 declared by OFS Credit Co Inc: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OCCI is likely to continue, and whether the current estimated yield of 16.53% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of OCCI shares, versus its 200 day moving average:
Looking at the chart above, OCCI's low point in its 52 week range is $5.47 per share, with $9.5196 as the 52 week high point — that compares with a last trade of $7.35. Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
OFS Credit Co Inc is in our coverage universe of monthly dividend paying stocks. In Tuesday trading, OFS Credit Co Inc shares are currently up about 1% on the day.
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