OFS Credit Company, Inc. (NASDAQ:OCCI) Shares Sold by Arkadios Wealth Advisors

Arkadios Wealth Advisors cut its holdings in shares of OFS Credit Company, Inc. (NASDAQ:OCCI) by 6.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,044 shares of the company’s stock after selling 2,042 shares during the quarter. Arkadios Wealth Advisors owned about 0.20% of OFS Credit worth $228,000 at the end of the most recent reporting period.

Separately, Graypoint LLC raised its holdings in shares of OFS Credit by 4.8% during the 3rd quarter. Graypoint LLC now owns 130,969 shares of the company’s stock worth $970,000 after acquiring an additional 5,978 shares during the period. Institutional investors own 23.77% of the company’s stock.

OFS Credit Price Performance

NASDAQ:OCCI opened at $7.05 on Friday. The company’s 50-day moving average is $7.21 and its two-hundred day moving average is $7.28. The firm has a market capitalization of $111.04 million, a price-to-earnings ratio of 7.83 and a beta of 1.34. OFS Credit Company, Inc. has a 1-year low of $6.52 and a 1-year high of $7.81.

OFS Credit (NASDAQ:OCCI) last announced its earnings results on Wednesday, December 11th. The company reported $0.57 EPS for the quarter. As a group, equities analysts anticipate that OFS Credit Company, Inc. will post 0.89 earnings per share for the current fiscal year.

OFS Credit Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, April 18th will be issued a $0.115 dividend. This represents a $1.38 annualized dividend and a dividend yield of 19.57%. The ex-dividend date is Thursday, April 17th. OFS Credit’s payout ratio is currently 155.56%.

OFS Credit Company Profile

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