OFS Capital Corp (OFS) To Go Ex-Dividend on December 14th

OFS Capital Corp (NASDAQ:OFS) declared a quarterly dividend on Monday, November 6th, Wall Street Journal reports. Shareholders of record on Friday, December 15th will be given a dividend of 0.34 per share by the investment management company on Friday, December 29th. This represents a $1.36 annualized dividend and a yield of 11.19%. The ex-dividend date of this dividend is Thursday, December 14th.

OFS Capital (NASDAQ:OFS) opened at $12.15 on Friday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 18.38 and a current ratio of 18.38. OFS Capital has a 1-year low of $11.80 and a 1-year high of $15.23. The firm has a market cap of $162.68, a price-to-earnings ratio of 8.78 and a beta of 0.44.

OFS Capital (NASDAQ:OFS) last released its quarterly earnings data on Friday, November 3rd. The investment management company reported $0.33 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.02. OFS Capital had a net margin of 25.74% and a return on equity of 9.43%. The firm had revenue of $9.12 million for the quarter, compared to the consensus estimate of $8.77 million. equities analysts forecast that OFS Capital will post 1.31 EPS for the current year.

Several research firms have weighed in on OFS. Zacks Investment Research upgraded shares of OFS Capital from a “sell” rating to a “hold” rating in a report on Wednesday, October 11th. National Securities lowered their price objective on shares of OFS Capital from $16.00 to $15.00 and set a “buy” rating on the stock in a report on Monday, November 6th. Finally, ValuEngine upgraded shares of OFS Capital from a “hold” rating to a “buy” rating in a report on Friday, December 1st. One analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company. OFS Capital has an average rating of “Buy” and a consensus target price of $14.67.

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OFS Capital Company Profile

OFS Capital Corporation (OFS Capital) is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objective is to provide its shareholders with both current income and capital appreciation primarily through debt investments and equity investments. It focuses primarily on middle-market companies in the United States, including senior secured loans, including first-lien, second-lien and unitranche loans, as well as subordinated loans, and warrants and other minority equity securities.

Dividend History for OFS Capital (NASDAQ:OFS)

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