OFS Credit (NASDAQ:OCCI) Announces Quarterly Earnings Results

OFS Credit (NASDAQ:OCCIGet Free Report) announced its earnings results on Friday. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.32 by $0.02, Zacks reports. The company had revenue of $10.06 million for the quarter, compared to analyst estimates of $9.59 million.

OFS Credit Stock Performance

Shares of OCCI stock opened at $7.06 on Friday. The company has a market capitalization of $111.19 million, a P/E ratio of 7.84 and a beta of 1.33. The company’s 50 day moving average price is $7.11 and its two-hundred day moving average price is $7.23. OFS Credit has a 52 week low of $6.52 and a 52 week high of $7.81.

OFS Credit Announces Dividend

The business 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 dividend of $0.115 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $1.38 annualized dividend and a yield of 19.55%. OFS Credit’s dividend payout ratio (DPR) is currently 211.11%.

OFS Credit Company Profile

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OFS Credit Company, Inc is a fund of OFS Advisor.

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Earnings History for OFS Credit (NASDAQ:OCCI)

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