OFS Credit (NASDAQ:OCCI – Get Free Report) posted its quarterly earnings results on Friday. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.02, Zacks reports.
OFS Credit Trading Up 0.1 %
Shares of OFS Credit stock traded up $0.01 during trading on Friday, hitting $7.08. 92,086 shares of the stock traded hands, compared to its average volume of 271,465. The stock’s fifty day simple moving average is $7.12 and its 200 day simple moving average is $7.24. The firm has a market cap of $111.42 million, a P/E ratio of 7.86 and a beta of 1.33. OFS Credit has a 52-week low of $6.52 and a 52-week high of $7.81.
OFS Credit Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 18th will be issued a $0.115 dividend. This represents a $1.38 annualized dividend and a dividend yield of 19.51%. The ex-dividend date of this dividend is Thursday, April 17th. OFS Credit’s dividend payout ratio is 147.78%.
OFS Credit Company Profile
OFS Credit Company, Inc is a fund of OFS Advisor.
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