OFS Credit (NASDAQ:OCCI – Get Free Report) posted its earnings results on Friday. The company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02, Zacks reports. The firm had revenue of $10.06 million for the quarter, compared to analyst estimates of $9.59 million.
OFS Credit Trading Up 0.3 %
NASDAQ OCCI opened at $7.09 on Friday. The firm has a market capitalization of $111.66 million, a P/E ratio of 7.88 and a beta of 1.33. The business has a fifty day simple moving average of $7.12 and a 200 day simple moving average of $7.24. OFS Credit has a 12 month low of $6.52 and a 12 month high of $7.81.
OFS Credit Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 18th will be issued a dividend of $0.115 per share. This represents a $1.38 dividend on an annualized basis and a dividend yield of 19.46%. The ex-dividend date of this dividend is Thursday, April 17th. OFS Credit’s payout ratio is 147.78%.
About OFS Credit
OFS Credit Company, Inc is a fund of OFS Advisor.
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