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OFS Credit Company Inc - OCCI STOCK NEWS

Welcome to our dedicated news page for OFS Credit Company (Ticker: OCCI), a resource for investors and traders seeking the latest updates and insights on OFS Credit Company.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect OFS Credit Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of OFS Credit Company's position in the market.

Rhea-AI Summary
OFS Credit Company announces the results of stockholder elections for the distribution of $0.55 per common share.
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-8.65%
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OFS Credit Company, Inc. announces unaudited NAV estimate of $7.69 to $7.79 per share as of September 30, 2023.
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OFS Credit Company, Inc. announces unaudited NAV estimate of $8.08 to $8.18 per share as of August 31, 2023.
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Rhea-AI Summary
OFS Credit Company, Inc. announces Q3 financial results. Net investment income of $3.8M, a decrease from the previous quarter. Core net investment income increased by $1M. Net asset value per common share decreased to $8.02. Quarterly distribution declared at $0.55 per share. Total fair value of investment portfolio is $147.1M.
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-1.86%
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OFS Credit Company declares $0.55 per share quarterly distribution for common stockholders, to be paid in cash or shares. Cash distribution limited to 20% of total distribution, remainder in stock. Management believes distribution will strengthen balance sheet and capitalize on future opportunities.
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Rhea-AI Summary
OFS Credit Company, Inc. has announced the results of stockholder elections for a $0.55 per common share distribution. Stockholders had the option to receive the distribution in cash or in shares of the company's common stock. The distribution is payable on July 31, 2023, and will consist of approximately $1.2 million in cash and 571,340 shares of common stock.
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OFS Credit Company, Inc. (NASDAQ: OCCI) announced an unaudited estimate of the range of their net asset value (NAV) per share as of June 30, 2023, which is between $7.64 and $7.74. The estimate is not a comprehensive statement of their financial condition and may differ from future NAV estimates. Various factors, such as interest rates, inflation rates, geopolitical tensions, and market volatility, could impact their financial condition and portfolio investments.
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OFS Credit Company Inc

Nasdaq:OCCI

OCCI Rankings

OCCI Stock Data

114.83M
4.78%
16.46%
0.23%
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