NGP Capital Resources (OHAI) Plans $0.02 Quarterly Dividend

NGP Capital Resources (NASDAQ:OHAI) announced a quarterly dividend on Thursday, March 15th, Wall Street Journal reports. Investors of record on Saturday, March 31st will be paid a dividend of 0.02 per share by the financial services provider on Monday, April 9th. This represents a $0.08 dividend on an annualized basis and a yield of 5.80%. The ex-dividend date is Wednesday, March 28th.

NASDAQ OHAI opened at $1.38 on Friday. NGP Capital Resources has a 12 month low of $0.85 and a 12 month high of $1.68. The stock has a market capitalization of $29.25, a price-to-earnings ratio of 24.17 and a beta of 0.81.

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NGP Capital Resources (NASDAQ:OHAI) last issued its quarterly earnings data on Monday, March 26th. The financial services provider reported $0.02 EPS for the quarter. The firm had revenue of $2.59 million during the quarter. NGP Capital Resources had a positive return on equity of 1.94% and a negative net margin of 302.84%.

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About NGP Capital Resources

OHA Investment Corporation is a specialty finance company. The Company focuses primarily on providing direct lending solutions to middle market private companies across industry sectors. The Company’s investment portfolio includes debt securities and other investments in upstream exploration and production companies engaged in the acquisition, development and production of oil and natural gas properties in and along the Gulf Coast, in the state and federal waters of the Gulf of Mexico, and in the Permian Basin, Mid-Continent and Rocky Mountain areas.

Dividend History for NGP Capital Resources (NASDAQ:OHAI)

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