OFS Capital Corp (NASDAQ:OFS) declared a special dividend on Tuesday, February 13th, Wall Street Journal reports. Shareholders of record on Thursday, March 22nd will be paid a dividend of 0.37 per share by the investment management company on Thursday, March 29th. This represents a yield of 11.82%. The ex-dividend date of this dividend is Wednesday, March 21st.
Shares of OFS Capital (NASDAQ OFS) traded up $0.05 during trading hours on Tuesday, reaching $11.51. 54,474 shares of the company’s stock traded hands, compared to its average volume of 54,792. The company has a debt-to-equity ratio of 0.87, a current ratio of 18.38 and a quick ratio of 18.38. OFS Capital has a twelve month low of $10.80 and a twelve month high of $15.23. The stock has a market capitalization of $149.22, a P/E ratio of 12.49 and a beta of 0.38.
OFS has been the topic of several research analyst reports. Zacks Investment Research downgraded shares of OFS Capital from a “hold” rating to a “sell” rating in a report on Wednesday, January 3rd. ValuEngine raised shares of OFS Capital from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Finally, National Securities lowered their target price on shares of OFS Capital from $16.00 to $15.00 and set a “buy” rating on the stock in a report on Monday, November 6th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $14.67.
About OFS Capital
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.
Receive News & Ratings for OFS Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OFS Capital and related companies with MarketBeat.com's FREE daily email newsletter.