OFS Credit (NASDAQ:OCCI – Get Free Report) released its earnings results on Friday. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02, Zacks reports.
OFS Credit Stock Performance
NASDAQ:OCCI traded up $0.01 during trading hours on Friday, reaching $7.08. The stock had a trading volume of 98,876 shares, compared to its average volume of 271,560. OFS Credit has a 12-month low of $6.52 and a 12-month high of $7.81. The stock has a 50 day simple moving average of $7.12 and a 200 day simple moving average of $7.24. The stock has a market cap of $111.42 million, a P/E ratio of 7.86 and a beta of 1.33.
OFS Credit Announces Dividend
The company also recently disclosed 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 annualized dividend and a yield of 19.51%. The ex-dividend date is Thursday, April 17th. OFS Credit’s dividend payout ratio (DPR) is 147.78%.
About OFS Credit
OFS Credit Company, Inc is a fund of OFS Advisor.
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