OFS Credit (NASDAQ:OCCI) Issues Earnings Results

OFS Credit (NASDAQ:OCCI - Get Free Report) released its earnings results on Friday. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 Trading Down 2.3 %

OFS Credit stock traded down $0.16 during midday trading on Tuesday, reaching $6.89. The stock had a trading volume of 791,909 shares, compared to its average volume of 285,207. The company has a fifty day moving average price of $7.12 and a two-hundred day moving average price of $7.24. OFS Credit has a 12 month low of $6.52 and a 12 month high of $7.81. The company has a market capitalization of $108.51 million, a P/E ratio of 7.66 and a beta of 1.33.

OFS Credit Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, April 18th will be given a dividend of $0.115 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 20.03%. OFS Credit's dividend payout ratio (DPR) is presently 211.11%.

About OFS Credit

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