OFS Credit Company Declares February 2026 Common Stock Cash Distribution
CHICAGO--( BUSINESS WIRE)--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.