Ofs Capital stock dividend – OFS Capital Co. Increases Dividend by $0.30 per Share
December 29, 2022
Trending News ☀️
Ofs Capital Stock Intrinsic Value – OFS ($NASDAQ:OFS) Capital Co. (NASDAQ: OFS) is a business development company that provides financing solutions to lower middle-market companies throughout the United States. The company primarily invests in senior and subordinated debt, mezzanine debt, preferred stocks and warrants, and equity securities. The company recently announced that it has raised its dividend by $0.30 per share. This increase in dividend is a clear indication of the company’s belief in its own long-term prospects and its ability to generate returns for its shareholders. The company’s dividend yield stands at approximately 10%, which is significantly higher than other BDCs in the sector.
This increase in dividend is likely to attract more investors to OFS Capital, as they will be able to benefit from the company’s high dividend yield. OFS Capital also recently reported positive financial results for the first quarter of 2021. This increase was largely driven by the company’s higher average portfolio balance during the quarter. These increases in dividend and net investment income are likely to make OFS Capital an attractive option for investors looking for high returns with relatively low risk. The company’s current dividend yield of 10% is significantly higher than other BDCs in the sector, making it an attractive option for income-oriented investors.
Dividends – Ofs Capital stock dividend
OFS CAPITAL Co. has recently announced an increase in its dividend per share to 1.11 USD for FY2022 Q3 as of September 30 2022. This is compared to dividends of 0.91 USD and 0.86 USD that were issued in the last two years. This marks a significant increase in the dividend yield of OFS CAPITAL to 16.37%, 9.47%, and 9.78% from 2020 to 2022, respectively.
Additionally, the three-year average dividend yield is 11.87%. Given these compelling figures, those who are looking for a dividend stock to add to their portfolio may want to give OFS CAPITAL serious consideration. It offers a good balance between current dividend yield and future potential dividend growth, making it a viable option for investors who are seeking a reliable stock for their long-term portfolios. Furthermore, the company’s sound capital structure provides assurance that its dividends will remain consistent over time. In conclusion, OFS CAPITAL is well worth considering for those who are looking for a dividend stock that can provide reliable returns over the long term. Its recent increase in dividend yields makes it an attractive option for investors who are seeking a reliable stock with potential for growth in the future.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ofs Capital. More…
| Total Revenues | Net Income | Net Margin |
| 14.09 | 7.06 | 50.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ofs Capital. More…
| Operations | Investing | Financing |
| -10.14 | 0 | 16.19 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ofs Capital. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 538.23 | 356.16 | 13.58 |
Key Ratios Snapshot
Some of the financial key ratios for Ofs Capital are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.4% | – | – |
| FCF Margin | ROE | ROA |
| -72.0% | 2.3% | 0.8% |
Stock Price
On Wednesday, OFS CAPITAL Co. announced that they were increasing their dividend by $0.30 per share. News sentiment surrounding the announcement was mostly positive, as the stock opened at $11.2 and closed at $11.1, up 1.5% from its previous closing price of $10.9. This increase in their dividend indicates that OFS CAPITAL Co. is in a strong financial position and is confident that its future is secure. The additional $0.30 per share will provide investors with a greater return on their investments and is a sign that the company is doing well. The dividend increase also serves as a positive indicator for potential investors, as it shows that the company is confident in its ability to generate profits and provide a solid return on investment for its shareholders. The increase in dividend payments is also a sign that OFS CAPITAL Co. is dedicated to rewarding their investors for their loyalty and faith in the company.
This indicates that the company is committed to their shareholders and will continue to strive to provide them with the highest possible returns on their investments. Overall, the news regarding the increase in OFS CAPITAL Co.’s dividend is largely positive and should be welcomed by both current and potential investors. The company’s commitment to providing a solid return on investment and rewarding their loyal shareholders should be seen as a sign of strength and stability. As such, it is likely that this news will be met with further positive sentiment in the coming days. Live Quote…
VI Analysis – Ofs Capital Stock Intrinsic Value
OFS Capital Corporation (NASDAQ: OFS) is a company that has seen its stock price rise over the past year, and investors are now wondering if it is a good buy. In order to better understand the company’s fundamentals, it is beneficial to use the VI app to get a simplified analysis. As per the VI Line, the intrinsic value of OFS Capital Corporation’s share is estimated to be around $5.0, which means that the stock is currently overvalued by 124%. This could imply that there is potential upside potential but also the possibility of a future correction in stock price. The company’s fundamentals are important when assessing investment opportunities and the VI app provides an easy way to analyse them. Overall, OFS Capital Corporation appears to be a sound investment opportunity with potential upside potential due to its current overvaluation. Investors should take into consideration the company’s fundamentals, current market conditions and potential catalysts before investing. More…
VI Peers
The Company’s investment activities are managed by its investment advisor, OFS Capital Management, LLC. Princeton Capital Corp is a BDC that was founded in 2006. It is focused on providing middle-market companies with growth capital through mezzanine debt and equity investments. Golub Capital BDC Inc is a BDC that was founded in 2007. The Company focuses on making loans to middle-market companies. Franklin BSP Lending Corp is a BDC that was founded in 2006. The Company focuses on providing middle-market companies with debt financing.
– Princeton Capital Corp ($OTCPK:PIAC)
Princeton Capital Corporation is a closed-end investment company. The Company’s investment objective is to seek current income and capital appreciation through investments in secured and unsecured loans and other debt securities of middle-market companies. As of December 31, 2016, the Company’s investment portfolio totaled $344.3 million. The Company’s investment adviser is Princeton Capital Management, Inc.
– Golub Capital BDC Inc ($NASDAQ:GBDC)
Golub Capital BDC Inc is a business development company that focuses on providing financing solutions to middle-market companies in the United States. The company has a market cap of 2.27 billion as of 2022 and a return on equity of 5.24%. Golub Capital BDC Inc’s mission is to provide flexible capital to help middle-market companies grow and succeed. The company’s products and services include middle-market lending, mezzanine debt, and equity co-investments.
– Franklin BSP Lending Corp ($OTCPK:BDVC)
Franklin BSP Lending Corp is a market leader in the specialty lending space. The company has a strong focus on providing financing solutions to small businesses and has a proven track record of success. The company’s market cap is 1.24B as of 2022 and its ROE is 5.08%. The company is well-positioned to continue its success in the years ahead.
Summary
OFS Capital Corporation recently announced a dividend increase of $0.30 per share, which is indicative of the company’s financial health and a positive sign for investors. OFS Capital is a publicly traded business development company that focuses on providing financing solutions to middle-market companies. The company primarily invests in senior secured debt, subordinated debt, and equity securities of companies operating in a variety of industries. OFS Capital’s portfolio is well diversified and consists of investments in various industries such as consumer, energy, healthcare, and technology.
OFS Capital also seeks to provide capital to companies with strong growth potential. The dividend increase reflects the company’s success in generating returns and its ability to offer attractive returns to shareholders. Investors can benefit from this dividend increase, which will help to further enhance returns.
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