OFS Credit Company Declares February 2026 Common Stock Cash Distribution
MWN-AI** Summary
OFS Credit Company, Inc. (Nasdaq: OCCI), an investment firm focused primarily on collateralized loan obligation (CLO) equity and debt securities, has declared a cash distribution of $0.115 per share of common stock for February 2026. This decision was made by the company's board of directors and marks a continuation of OFS Credit's ongoing commitment to providing returns to its shareholders.
The cash distribution is scheduled for payment on February 27, 2026, to shareholders who are recorded by the close of business on February 13, 2026. Furthermore, the company has also announced cash distributions for its various Series of Preferred Stock through July 31, 2026. Notably, the 6.125% Series C and 6.00% Series D Term Preferred Stocks are set for mandatory redemptions in April and June 2026, respectively, which determines the declaration of their dividends up to their redemption dates.
OFS Credit Company offers a Dividend Reinvestment Plan (DRIP) for common stockholders wishing to reinvest their dividends. Participants in this plan can benefit from a 5% discount on the market price per share as of the valuation date fixed by the Board on the payment date. Interested stockholders are encouraged to contact their brokers for participation.
OFS Credit is externally managed by OFS Capital Management, LLC, with a focus on generating current income and long-term capital appreciation through selective investments in CLO securities. The company emphasizes transparency in its operations and outlines potential market risks in its disclosures, highlighting the unpredictable economic environment that could impact its business outcomes.
MWN-AI** Analysis
OFS Credit Company, Inc. (OCCI) has recently announced a common stock cash distribution of $0.115 per share for February 2026, alongside various distributions for its preferred stock series. This decision reaffirms OFS Credit’s commitment to providing steady income to its shareholders, particularly in the current variable interest rate environment.
Investors should consider the implications of this announcement on their investment strategy. The declared cash distributions provide a clear incentive for income-seeking investors, especially with the added feature of the Dividend Reinvestment Plan (DRIP) offering shares at a 5% discount to the market price. This allows shareholders to effectively enhance their investment without incurring additional costs, which can be particularly attractive in a rising market.
However, potential investors should remain vigilant about the broader economic landscape, which includes factors such as inflation rates, geopolitical tensions, and overall market volatility. The distribution of preferred stock shares, particularly those with mandatory redemption dates in mid-2026, warrants attention. Investors should evaluate whether the guaranteed cash flow from these instruments aligns with their risk tolerance and investment timeframe.
Furthermore, OFS Credit's focus on collateralized loan obligations (CLOs) positions it within a niche but complex segment of the market, marked by its own set of risks. It's essential for investors to assess the company's operational strategies under varying economic conditions and interest rate hikes anticipated through 2026.
In summary, while OFS Credit's attractive distributions can serve as a robust income source, due diligence is imperative. Investors should align these offerings with their investment goals and monitor external market factors that may affect OFS Credit's performance and distribution reliability in the coming months.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Preferred Stock Distributions Declared Through July 31, 2026
OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced that its board of directors (the “Board”) declared a cash distribution of $0.115 per share of common stock for the month of February 2026. The Board has also declared monthly cash distributions for the Company’s 6.125% Series C Term Preferred Stock, 6.00% Series D Term Preferred Stock, 5.25% Series E Term Preferred Stock, 7.875% Series F Term Preferred Stock and 8.00% Series G Term Preferred Stock through July 31, 2026. Given that the shares of 6.125% Series C Term Preferred Stock are mandatorily redeemable on April 30, 2026 and the shares of 6.00% Series D Term Preferred Stock are mandatorily redeemable on June 10, 2026, the dividends for these series of Preferred Stock have been declared up to, but not including, their respective dates of redemption.
Common Stock Distributions
The following schedule applies to the common stock (Nasdaq: OCCI) distribution for common stockholders of record on the close of business of the record date:
Month | Record Date | Payment Date | Cash Distribution Per Share |
February 2026 | February 13, 2026 | February 27, 2026 | $0.115 |
Dividend Reinvestment Plan (“DRIP”) – DRIP Shares Issued at 95% of Market Price
Common stockholders who participate in our DRIP have the opportunity to receive a 5% discount to the market price per share of common stock at the close of regular trading on The Nasdaq Capital Market on the valuation date fixed by the Board for each distribution (i.e., the payment date).
Common stockholders that are interested in participating in our DRIP should contact their broker or financial intermediary.
Additional information about our DRIP and how to participate can be found at https://ir.ofscreditcompany.com/shareholder-services/dividend-reinvestment-plan . We make our website content available for informational purposes only. It should not be relied upon for investment purposes, nor is it incorporated by reference into this press release.
Preferred Stock Distributions
The following schedule applies to the 6.125% Series C Term Preferred Stock (Nasdaq: OCCIO) distributions for preferred stockholders of record on the close of business of each specific record date:
Month | Record Date | Payment Date | Cash Distribution Per Share |
February 2026 | February 13, 2026 | February 27, 2026 | $0.1276042 |
March 2026 | March 16, 2026 | March 31, 2026 | $0.1276042 |
April 2026 | April 15, 2026 | April 30, 2026 | $0.1233507 |
The shares of 6.125% Series C Term Preferred Stock are mandatorily redeemable on April 30, 2026.
The following schedule applies to the 6.00% Series D Term Preferred Stock distributions for preferred stockholders of record on the close of business of each specific record date:
Month | Record Date | Payment Date | Cash Distribution Per Share |
February 2026 | February 13, 2026 | February 27, 2026 | $0.125 |
March 2026 | March 16, 2026 | March 31, 2026 | $0.125 |
April 2026 | April 15, 2026 | April 30, 2026 | $0.125 |
May 2026 | May 15, 2026 | May 29, 2026 | $0.125 |
June 2026 | June 2, 2026 | June 10, 2026 | $0.0375 |
The shares of 6.00% Series D Term Preferred Stock are mandatorily redeemable on June 10, 2026.
The following schedule applies to the 5.25% Series E Term Preferred Stock (Nasdaq: OCCIN) distributions for preferred stockholders of record on the close of business of each specific record date:
Month | Record Date | Payment Date | Cash Distribution Per Share |
February 2026 | February 13, 2026 | February 27, 2026 | $0.109375 |
March 2026 | March 16, 2026 | March 31, 2026 | $0.109375 |
April 2026 | April 15, 2026 | April 30, 2026 | $0.109375 |
May 2026 | May 15, 2026 | May 29, 2026 | $0.109375 |
June 2026 | June 15, 2026 | June 30, 2026 | $0.109375 |
July 2026 | July 15, 2026 | July 31, 2026 | $0.109375 |
The following schedule applies to the 7.875% Series F Term Preferred Stock (Nasdaq: OCCIM) distributions for preferred stockholders of record on the close of business of each specific record date:
Month | Record Date | Payment Date | Cash Distribution Per Share |
February 2026 | February 13, 2026 | February 27, 2026 | $0.1640625 |
March 2026 | March 16, 2026 | March 31, 2026 | $0.1640625 |
April 2026 | April 15, 2026 | April 30, 2026 | $0.1640625 |
May 2026 | May 15, 2026 | May 29, 2026 | $0.1640625 |
June 2026 | June 15, 2026 | June 30, 2026 | $0.1640625 |
July 2026 | July 15, 2026 | July 31, 2026 | $0.1640625 |
The following schedule applies to the 8.00% Series G Term Preferred Stock distributions for preferred stockholders of record on the close of business of each specific record date:
Month | Record Date | Payment Date | Cash Distribution Per Share |
February 2026 | February 13, 2026 | February 27, 2026 | $0.16666667 |
March 2026 | March 16, 2026 | March 31, 2026 | $0.16666667 |
April 2026 | April 15, 2026 | April 30, 2026 | $0.16666667 |
May 2026 | May 15, 2026 | May 29, 2026 | $0.16666667 |
June 2026 | June 15, 2026 | June 30, 2026 | $0.16666667 |
July 2026 | July 15, 2026 | July 31, 2026 | $0.16666667 |
About OFS Credit Company, Inc.
OFS Credit is a non-diversified, externally managed closed-end management investment company. The Company’s primary investment objective is to generate current income, with a secondary objective to generate capital appreciation, which we seek to achieve primarily through investments in CLO equity and debt securities. The Company’s investment activities are managed by OFS Capital Management, LLC, an investment adviser registered under the Investment Advisers Act of 1940 1 , as amended, and headquartered in Chicago with additional offices in New York and Los Angeles.
Forward-Looking Statements
Statements in this press release may constitute “forward-looking statements” regarding management’s future expectations, beliefs, intentions, goals, strategies, plans or prospects. Forward-looking statements can be identified by terminology such as “anticipate,” “believe,” “could,” “could increase the likelihood,” “estimate,” “expect,” “intend,” “is planned,” “may,” “should,” “will,” “will enable,” “would be expected,” “look forward,” “may provide,” “would” or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to in documents that may be filed by OFS Credit from time to time with the Securities and Exchange Commission, as well as interest rate and inflation rate changes, the ongoing war between Russia and Ukraine, the escalated armed conflict and heightened regional tensions in the Middle East, activity in South America, the agenda of the U.S. Presidential administration, including the impact of tariff enactment and tax reductions, trade disputes with other countries, instability in the U.S. and international banking systems, the risk of recession or the impact of the prolonged shutdown of U.S. government services and related market volatility on our business, our portfolio companies, our industry and the global economy. As a result of such risks, uncertainties and factors, actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. OFS Credit is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
1 Registration does not imply a certain level of skill or training.
OFS® and OFS Credit® are registered trademarks of Orchard First Source Asset Management, LLC.
OFS Capital Management™ is a trademark of Orchard First Source Asset Management, LLC.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260116893341/en/
INVESTOR RELATIONS:
Steve Altebrando
847-734-2085
investorrelations@ofscreditcompany.com
MEDIA RELATIONS:
Bill Mendel
212-397-1030
bill@mendelcommunications.com
FAQ**
How is the performance of OFS Credit Company, Inc. (OCCI) correlated with the preferred stock series such as OCCIM, especially in terms of distributions and redemption dates through 2026?
Given the mandatory redemption of the 6.125% Series C Term Preferred Stock by April 30, 2026, what impact will this have on the overall financial health of OFS Credit (OCCI) and the OCCIM series?
What strategies are in place to mitigate the risks associated with market volatility that may affect the cash distributions for preferred stockholders of OCCIM and others through 2026?
How does OFS Credit's investment in collateralized loan obligations influence the sustainability of dividends for common and preferred stockholders like those holding OCCIM?
**MWN-AI FAQ is based on asking OpenAI questions about OFS Credit Company Inc. 5.25% Series E Term Preferred Stock Due 2026 (NASDAQ: OCCIN).
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