OFS Capital Corp (OFS) Plans Special Dividend of $0.71
OFS Capital Corp (NASDAQ:OFS) declared a special dividend on Tuesday, February 13th, Wall Street Journal reports. Stockholders of record on Thursday, March 22nd will be paid a dividend of 0.71 per share by the investment management company on Thursday, March 29th. This represents a dividend yield of 11.82%. The ex-dividend date of this dividend is Wednesday, March 21st.
Shares of OFS Capital (NASDAQ OFS) traded up $0.27 during mid-day trading on Tuesday, hitting $12.53. 109,831 shares of the stock were exchanged, compared to its average volume of 53,811. OFS Capital has a 12 month low of $10.80 and a 12 month high of $15.23. The firm has a market capitalization of $162.35, a price-to-earnings ratio of 17.00 and a beta of 0.44. The company has a debt-to-equity ratio of 0.88, a current ratio of 19.34 and a quick ratio of 19.34.
OFS Capital (NASDAQ:OFS) last announced its earnings results on Friday, March 2nd. The investment management company reported $0.29 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.03). OFS Capital had a return on equity of 8.89% and a net margin of 23.66%. The company had revenue of $8.29 million for the quarter, compared to analyst estimates of $9.02 million. equities research analysts anticipate that OFS Capital will post 1.31 earnings per share for the current year.
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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.
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