OFS Credit declares $0.05 per share monthly distributions for Sept, Oct 2026

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Key Highlights

OFS Credit Company (NASDAQ: OCCI) declared $0.05 per share cash distributions for September and October 2026. Record dates are set for September 15 and October 15, with payments due on September 30 and October 30. DRIP participants receive a 5% discount on reinvested dividends.

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OFS Credit Company, Inc. (NASDAQ: OCCI) announced that its board of directors declared monthly cash distributions of $0.05 per share of common stock for both September and October 2026.

The CLO-focused investment company outlined the specific record and payment dates for these distributions below.

Month: Record Date: Payment Date: Distribution Per Share:
September 2026: September 15, 2026: September 30, 2026: $0.05:
October 2026: October 15, 2026: October 30, 2026: $0.05:

Dividend Reinvestment Plan Details

Common stockholders participating in the Dividend Reinvestment Plan (DRIP) can acquire additional shares at a 5% discount to the market price per share. This discount applies to the closing price on The Nasdaq Capital Market on the valuation date fixed by the Board for each distribution, which corresponds to the payment date.

Investors interested in joining the DRIP should contact their broker or financial intermediary. Further details regarding participation are available through the company’s investor relations portal.

About OFS Credit Company

OFS Credit is a non-diversified, externally managed closed-end management investment company. Its primary objective is generating current income, with a secondary goal of capital appreciation, primarily through investments in collateralized loan obligation (CLO) equity and debt securities. Investment activities are managed by OFS Capital Management, LLC, headquartered in Chicago with offices in New York and Los Angeles.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How might the sustained $0.05 monthly distribution impact OFS Credit's ability to fund new CLO equity investments or manage leverage ratios in late 2026?

What is the expected participation rate in the DRIP given the 5% discount, and how will this influence the company's share count and dilution metrics?

Given the focus on CLO equity and debt, how are current credit market conditions influencing the yield stability required to support these declared distributions?

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OFS Credit Company declares $0.05 common stock dividend for August 2026

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Reviewed by
Naman SScanX News Team
Key Highlights

OFS Credit Company declared a $0.05 per share cash distribution for common stock in August 2026. It also announced monthly dividends for its Series E, F, and G Preferred Stock through January 2027, with Series E redeemable in December 2026.

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OFS Credit Company, Inc. announced that its board of directors declared a cash distribution of $0.05 per share of common stock for the month of August 2026. The company also declared monthly cash distributions for its 5.25% Series E Term Preferred Stock, 7.875% Series F Term Preferred Stock, and 8.00% Series G Term Preferred Stock through January 31, 2027. The shares of 5.25% Series E Term Preferred Stock are mandatorily redeemable on December 31, 2026, with dividends declared up to, but not including, the redemption date.

Common Stock Distribution

The schedule for the common stock distribution is as follows:

Month Record Date Payment Date Cash Distribution Per Share
August 2026 August 14, 2026 August 31, 2026 $0.05

Common stockholders participating in the Dividend Reinvestment Plan (DRIP) can receive a 5% discount to the market price per share on the payment date. Interested shareholders should contact their broker or financial intermediary.

Preferred Stock Distributions

The 5.25% Series E Term Preferred Stock distributions are scheduled as follows:

Month Record Date Payment Date Cash Distribution Per Share
August 2026 August 14, 2026 August 31, 2026 $0.109375
September 2026 September 15, 2026 September 30, 2026 $0.109375
October 2026 October 15, 2026 October 30, 2026 $0.109375
November 2026 November 16, 2026 November 30, 2026 $0.109375
December 2026 December 15, 2026 December 31, 2026 $0.109375

The 7.875% Series F Term Preferred Stock distributions are scheduled as follows:

Month Record Date Payment Date Cash Distribution Per Share
August 2026 August 14, 2026 August 31, 2026 $0.1640625
September 2026 September 15, 2026 September 30, 2026 $0.1640625
October 2026 October 15, 2026 October 30, 2026 $0.1640625
November 2026 November 16, 2026 November 30, 2026 $0.1640625
December 2026 December 15, 2026 December 31, 2026 $0.1640625
January 2027 January 15, 2027 January 29, 2027 $0.1640625

The 8.00% Series G Term Preferred Stock distributions are scheduled as follows:

Month Record Date Payment Date Cash Distribution Per Share
August 2026 August 14, 2026 August 31, 2026 $0.16666667
September 2026 September 15, 2026 September 30, 2026 $0.16666667
October 2026 October 15, 2026 October 30, 2026 $0.16666667
November 2026 November 16, 2026 November 30, 2026 $0.16666667
December 2026 December 15, 2026 December 31, 2026 $0.16666667
January 2027 January 15, 2027 January 29, 2027 $0.16666667

OFS Credit Company is a non-diversified, externally managed closed-end management investment company. Its primary investment objective is to generate current income, with a secondary objective to generate capital appreciation, primarily through investments in collateralized loan obligation (CLO) equity and debt securities. The company's investment activities are managed by OFS Capital Management, LLC.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will the mandatory redemption of the Series E Term Preferred Stock on December 31, 2026, impact the company's liquidity and capital structure?

What are the company's plans for refinancing or replacing the capital from the redeemed Series E Preferred Stock?

Will the company maintain the current $0.05 monthly distribution rate for common stock beyond August 2026 given its CLO investment focus?

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