OCCIO
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Ofs Credit Company Inc Preferred
24.85
0.00 (0.00%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 24.847
Day's Range: 24.85 - 25.6
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When Written:
23.16
OFS Credit Company Inc. is a business development company that invests primarily in debt securities of middle-market companies. The company offers a preferred stock that trades on the Nasdaq under the ticker symbol OFS.PRA.
The OFS Credit Company Inc Preferred stock has a par value of $25 and pays a fixed dividend rate of 6.875% per year. The dividend is paid quarterly and is non-cumulative, meaning that if the company misses a dividend payment, it does not owe any back payments to shareholders.
The preferred stock is callable, which means that the company has the option to redeem the shares at any time after a certain date. The redemption price is the par value of $25 plus any accrued and unpaid dividends.
Investors who hold OFS Credit Company Inc Preferred stock have priority over common stockholders in the event of a liquidation or bankruptcy. However, preferred stock is still considered a higher risk investment than bonds or other fixed-income securities.
Investors should carefully consider their investment goals and risk tolerance before investing in OFS Credit Company Inc Preferred stock or any other security. It is also important to review the company's financial statements and prospectus before making an investment decision.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The OFS Credit Company Inc Preferred stock has a par value of $25 and pays a fixed dividend rate of 6.875% per year. The dividend is paid quarterly and is non-cumulative, meaning that if the company misses a dividend payment, it does not owe any back payments to shareholders.
The preferred stock is callable, which means that the company has the option to redeem the shares at any time after a certain date. The redemption price is the par value of $25 plus any accrued and unpaid dividends.
Investors who hold OFS Credit Company Inc Preferred stock have priority over common stockholders in the event of a liquidation or bankruptcy. However, preferred stock is still considered a higher risk investment than bonds or other fixed-income securities.
Investors should carefully consider their investment goals and risk tolerance before investing in OFS Credit Company Inc Preferred stock or any other security. It is also important to review the company's financial statements and prospectus before making an investment decision.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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When Written:
23.16
OFS Credit Company Inc Preferred is a type of preferred stock issued by OFS Credit Company Inc, a business development company (BDC) that invests primarily in debt securities of middle-market companies. The preferred stock offers investors a fixed dividend rate, which is typically higher than the dividend rate of common stock, and priority in receiving dividends before common stockholders. OFS Credit Company Inc Preferred is listed on the Nasdaq stock exchange under the ticker symbol OCCI. The company may redeem the preferred stock at any time, subject to certain conditions, and the stock may also be converted into common stock at the option of the holder.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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