OFS Credit (NASDAQ:OCCI – Get Free Report) issued its quarterly earnings data 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 business had revenue of $10.06 million during the quarter, compared to the consensus estimate of $9.59 million.
OFS Credit Price Performance
OCCI stock opened at $7.09 on Friday. OFS Credit has a 1-year low of $6.52 and a 1-year high of $7.81. The business has a fifty day moving average price of $7.12 and a 200-day moving average price of $7.24. The stock has a market capitalization of $111.66 million, a P/E ratio of 7.88 and a beta of 1.33.
OFS Credit Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 18th will be paid a dividend of $0.115 per share. This represents a $1.38 dividend on an annualized basis and a 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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