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 the consensus estimate of $0.32 by $0.02, Zacks reports. The firm had revenue of $10.06 million during the quarter, compared to the consensus estimate of $9.59 million.
OFS Credit Trading Up 1.1 %
NASDAQ:OCCI opened at $7.06 on Friday. OFS Credit has a 1-year low of $6.52 and a 1-year high of $7.81. The firm has a fifty day simple moving average of $7.11 and a 200 day simple moving average of $7.23. The stock has a market capitalization of $111.19 million, a PE ratio of 7.84 and a beta of 1.33.
OFS Credit Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Friday, April 18th will be paid a $0.115 dividend. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $1.38 annualized dividend and a dividend yield of 19.55%. OFS Credit’s dividend payout ratio is presently 211.11%.
OFS Credit Company Profile
OFS Credit Company, Inc is a fund of OFS Advisor.
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