OFS Credit Company Declares Monthly Common Stock Cash Distributions
Preferred Stock Distributions: OFS Credit Company, Inc. has declared monthly cash distributions for its common stock and various series of preferred stock through July 31, 2025, with specific amounts detailed for each month and type of stock.
Dividend Reinvestment Plan: Shareholders can participate in a Dividend Reinvestment Plan (DRIP) that offers a 5% discount on market price shares at the time of distribution, with further details available on the company's website.
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OFS Credit Company Reports Q1 2026 Financial Results
- Decline in Net Investment Income: For the quarter ended January 31, 2026, OFS Credit reported net investment income of $5.5 million, or $0.19 per share, down from $6.2 million and $0.22 per share in October 2025, primarily due to a decrease in interest income yield, reflecting negative impacts from market volatility on the company's earnings.
- Stable Core Net Investment Income: Core net investment income stood at $9.1 million, or $0.32 per share, unchanged from October 2025, despite a slight increase in cash flows, indicating the company's ability to maintain stable earnings levels under adverse market conditions, showcasing the resilience of its investment portfolio.
- Significant Drop in Net Asset Value: As of January 31, 2026, the net asset value per share was $4.36, a decrease of $1.10 from $5.46 in October 2025, primarily due to net investment losses and distributions exceeding quarterly net investment income, highlighting challenges in capital management for the company.
- Stock Issuance for Capital Raising: During the first quarter of fiscal 2026, OFS Credit issued 825,444 shares of common stock through its At-the-Market offering, raising net proceeds of $4.1 million, which provides additional liquidity to navigate market uncertainties and supports its future investment strategies.
OFS Credit Company Reports Financial Performance for Q3 2025
Financial Performance: OFS Credit Company reported a net investment income (NII) of $6.1 million ($0.22 per share) for the quarter ending July 31, 2025, a 17% increase from the previous quarter, while core NII decreased to $8.5 million ($0.31 per share) due to lower cash flows from CLO equity investments.
Net Asset Value and Distributions: The net asset value (NAV) per share decreased to $6.13, attributed to cash distributions exceeding NII, and the board declared monthly cash distributions of $0.115 per share for the upcoming quarter, reflecting an annualized distribution rate of 22.9%.
OFS Credit Company Declares Monthly Common Stock Cash Distributions
Preferred Stock Distributions: OFS Credit Company, Inc. has declared monthly cash distributions for its common stock and various series of preferred stock through July 31, 2025, with specific amounts detailed for each month and type of stock.
Dividend Reinvestment Plan: Shareholders can participate in a Dividend Reinvestment Plan (DRIP) that offers a 5% discount on market price shares at the time of distribution, with further details available on the company's website.
OFS Credit Company, Inc. Prices Preferred Stock Offering
Public Offering Announcement: OFS Credit Company, Inc. has priced a public offering of 1,040,000 shares of 7.875% Series F Term Preferred Stock due 2029 at $25.00 per share, aiming to raise $26 million in gross proceeds, with an option for underwriters to purchase an additional 156,000 shares.
Use of Proceeds and Trading Information: The company plans to use the net proceeds for investments aligned with its objectives, and the preferred stock is expected to begin trading on the Nasdaq Capital Market under the symbol "OCCIM" within 30 days from the issue date.
OFS Credit Company Reports Q1 2026 Financial Results
- Decline in Net Investment Income: For the quarter ended January 31, 2026, OFS Credit reported net investment income of $5.5 million, or $0.19 per share, down from $6.2 million and $0.22 per share in October 2025, primarily due to a decrease in interest income yield, reflecting negative impacts from market volatility on the company's earnings.
- Stable Core Net Investment Income: Core net investment income stood at $9.1 million, or $0.32 per share, unchanged from October 2025, despite a slight increase in cash flows, indicating the company's ability to maintain stable earnings levels under adverse market conditions, showcasing the resilience of its investment portfolio.
- Significant Drop in Net Asset Value: As of January 31, 2026, the net asset value per share was $4.36, a decrease of $1.10 from $5.46 in October 2025, primarily due to net investment losses and distributions exceeding quarterly net investment income, highlighting challenges in capital management for the company.
- Stock Issuance for Capital Raising: During the first quarter of fiscal 2026, OFS Credit issued 825,444 shares of common stock through its At-the-Market offering, raising net proceeds of $4.1 million, which provides additional liquidity to navigate market uncertainties and supports its future investment strategies.
OFS Credit Company Reports Financial Performance for Q3 2025
Financial Performance: OFS Credit Company reported a net investment income (NII) of $6.1 million ($0.22 per share) for the quarter ending July 31, 2025, a 17% increase from the previous quarter, while core NII decreased to $8.5 million ($0.31 per share) due to lower cash flows from CLO equity investments.
Net Asset Value and Distributions: The net asset value (NAV) per share decreased to $6.13, attributed to cash distributions exceeding NII, and the board declared monthly cash distributions of $0.115 per share for the upcoming quarter, reflecting an annualized distribution rate of 22.9%.
OFS Credit Company Declares Monthly Common Stock Cash Distributions
Preferred Stock Distributions: OFS Credit Company, Inc. has declared monthly cash distributions for its common stock and various series of preferred stock through July 31, 2025, with specific amounts detailed for each month and type of stock.
Dividend Reinvestment Plan: Shareholders can participate in a Dividend Reinvestment Plan (DRIP) that offers a 5% discount on market price shares at the time of distribution, with further details available on the company's website.
OFS Credit Company, Inc. Prices Preferred Stock Offering
Public Offering Announcement: OFS Credit Company, Inc. has priced a public offering of 1,040,000 shares of 7.875% Series F Term Preferred Stock due 2029 at $25.00 per share, aiming to raise $26 million in gross proceeds, with an option for underwriters to purchase an additional 156,000 shares.
Use of Proceeds and Trading Information: The company plans to use the net proceeds for investments aligned with its objectives, and the preferred stock is expected to begin trading on the Nasdaq Capital Market under the symbol "OCCIM" within 30 days from the issue date.
