Streetbeat News

OCCI

OFS Credit Company, Inc.

https://www.ofscreditcompany.com

Industry

Asset Management

OFS Credit Company, Inc. is a fund of OFS Advisor.

Open

7.11

Mkt cap

131M

Volume

263K

High

7.20

P/E Ratio

10.58

52-wk high

7.81

Low

7.10

Div yield

0.18

52-wk low

5.47

OFS Credit Company has announced the pricing of an underwritten public offering of 1,040,000 shares of 7.875% Series F Term Preferred Stock due 2029, priced at $25.00 per share, raising $26.0 million in gross proceeds.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 6:45 am

OFS Credit Company has announced the commencement of a preferred stock offering, though the size of the offering has not been disclosed. This move is likely aimed at raising capital.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 12:51 pm

OFS Credit Company Inc has filed for a mixed shelf offering allowing it to issue various securities up to a total value of $200 million. This move could potentially dilute current shareholders but also provides the company with flexible financing options for future growth.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 4:35 pm

Hennessy Advisors (NASDAQ:HNNA) announced a dividend payout of $0.14 per share with an annualized yield of 8.33%. Despite maintaining a steady dividend per share of $0.55 from 2020 to 2023, the company's earnings per share decreased from $1.06 to $0.63, indicating potential challenges in sustaining future dividends. Hennessy Advisors's dividend yield is in the middle range compared to its peers, with OFS Credit Co (NASDAQ:OCCI) having the highest yield at 16.46%.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 3:05 pm

OFS Credit Co (NASDAQ:OCCI) reported a 44.19% increase in quarterly earnings, with EPS rising to $0.62 from $0.43 YoY.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 1:15 pm

Ladenburg Thalmann analyst Mickey Schleien has downgraded OFS Credit Co (OCCI) from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 4:53 pm

During Friday's session, 169 companies set new 52-week lows. Among them, Bristol-Myers Squibb was the largest firm by market cap to set a new 52-week low, while Blue Star Foods was the smallest. PTC Therapeutics' stock fell the most, trading down 31.29% to reach a new 52-week low. Meanwhile, Prelude Therapeutics' stock bounced back the most, rising 0.0% after reaching its new 52-week low.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 3:52 pm

Hennessy Advisors (NASDAQ:HNNA) is distributing a dividend payout of $0.14 per share, demonstrating an annualized dividend yield of 7.84%. The company's dividend per share has shown a positive trend from 2019 to 2022, increasing from $0.49 to $0.55. However, the company's earnings per share have declined from $1.42 in 2019 to $0.82 in 2022. Hennessy Advisors's dividend yield is in the middle range compared to its industry peers, with OFS Credit Co (NASDAQ:OCCI) having the highest annualized dividend yield at 26.47%.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 3:05 pm

During Thursday's session, 92 stocks hit new 52-week lows. Pfizer was the biggest company on a market cap basis to set a new 52-week low. BitNile Metaverse was the smallest firm by market cap to set a new 52-week low. Aravive made the largest move down on the session, with shares plummeting 71.75% to reach its 52-week low. Senstar Tech saw the biggest bounce back on, as shares traded up 0.0% to rebound after it hit its new 52-week low.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:12 pm

OFS Credit Co (NASDAQ:OCCI) announced a quarterly dividend of 55 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning OCCI by the end of Monday's session will be eligible for the dividend, which will be paid out on July 31, 2023.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 2:45 pm

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