OFS Capital Corporation (NASDAQ:OFS) declared a quarterly dividend on Friday, August 4th, Zacks reports. Investors of record on Friday, September 15th will be paid a dividend of 0.34 per share by the investment management company on Friday, September 29th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 10.38%. The ex-dividend date is Thursday, September 14th.

Shares of OFS Capital Corporation (NASDAQ:OFS) traded up 1.24% during trading on Friday, hitting $13.10. The company had a trading volume of 61,190 shares. The firm has a 50 day moving average of $13.44 and a 200 day moving average of $14.13. OFS Capital Corporation has a 12-month low of $12.25 and a 12-month high of $15.24.

OFS Capital Corporation (NASDAQ:OFS) last issued its earnings results on Friday, August 4th. The investment management company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.30 by $0.03. The company had revenue of $7.98 million during the quarter, compared to analysts’ expectations of $8.53 million. OFS Capital Corporation had a net margin of 31.02% and a return on equity of 9.43%. Equities analysts forecast that OFS Capital Corporation will post $1.29 earnings per share for the current fiscal year.

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OFS has been the subject of several recent research reports. Robert W. Baird cut shares of OFS Capital Corporation from an “outperform” rating to a “neutral” rating and dropped their target price for the company from $16.00 to $13.00 in a research report on Monday, August 7th. National Securities restated a “buy” rating and issued a $16.00 price objective on shares of OFS Capital Corporation in a research report on Tuesday, July 25th. Finally, Zacks Investment Research upgraded shares of OFS Capital Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. OFS Capital Corporation presently has an average rating of “Hold” and a consensus target price of $14.60.

About OFS Capital Corporation

OFS Capital Corporation (OFS Capital) is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objective is to provide its shareholders with both current income and capital appreciation primarily through debt investments and equity investments. It focuses primarily on middle-market companies in the United States, including senior secured loans, including first-lien, second-lien and unitranche loans, as well as subordinated loans, and warrants and other minority equity securities.

Dividend History for OFS Capital Corporation (NASDAQ:OFS)

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