OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It provides flexible capital solutions primarily through debt capital and to a lesser extent, minority equity investments serving the needs of U.S.-based middle-market companies across a broad array of industries. It does not invest in operational turnarounds or start-up businesses. For direct, it specializes in debt and structured equity investments, recapitalizations and refinancing, management and leveraged buyouts, acquisition financings, shareholder liquidity events, growth capital, independent sponsor transactions, ESOPs, and minority investments in the lower middle market companies. It invests in the aerospace and defense, business services, consumer products and services, food and beverage, health care services, specialty chemicals, transportation and logistics, value added distribution, franchising, and industrial and niche manufacturing sectors. The firm invests in companies based in United States. It seeks to invest between $5 million and $35 million, revenues between $10 million and $200 million, annual EBITDA more than $5 million, and Enterprise value between $10 million and $500 million. The firm seeks to invest in companies with debt investment values between $5 million and $25 million. The fund uses senior secured, unitranche loans, first-lien, second-lien, subordinated/ mezzanine loans, warrants, and preferred equity securities and common equity securities. It prefers to take a minority as well as majority stake in the investments made. It also co-invests with its partners for additional capital.
OFS Capital Dividend Announcement
• OFS Capital announced a quarterly dividend of $0.34 per ordinary share which will be made payable on 2024-12-31. Ex dividend date: 2024-12-20
• OFS Capital annual dividend for 2024 was $1.36
• OFS Capital annual dividend for 2023 was $1.34
• OFS Capital's trailing twelve-month (TTM) dividend yield is 16.75%
• OFS Capital's payout ratio for the trailing twelve months (TTM) is -1595.62%
• OFS Capital's dividend growth over the last five years (2018-2023) was -4.98% year
• OFS Capital's dividend growth over the last ten years (2013-2023) was 1.19% year
OFS Capital Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-20 | $0.34 | quarterly | 2024-12-31 |
2024-09-20 | $0.34 | quarterly | 2024-09-30 |
2024-06-18 | $0.34 | quarterly | 2024-06-28 |
2024-03-15 | $0.34 | quarterly | 2024-03-28 |
2023-12-21 | $0.34 | quarterly | 2023-12-29 |
2023-09-21 | $0.34 | quarterly | 2023-09-29 |
2023-06-22 | $0.33 | quarterly | 2023-06-30 |
2023-03-23 | $0.33 | quarterly | 2023-03-31 |
2022-12-22 | $0.30 | quarterly | 2022-12-30 |
2022-09-22 | $0.29 | quarterly | 2022-09-30 |
2022-06-22 | $0.29 | quarterly | 2022-06-30 |
2022-03-23 | $0.28 | quarterly | 2022-03-31 |
2021-12-22 | $0.25 | quarterly | 2021-12-31 |
2021-09-22 | $0.24 | quarterly | 2021-09-30 |
2021-06-22 | $0.22 | quarterly | 2021-06-30 |
2021-03-23 | $0.20 | quarterly | 2021-03-31 |
2020-12-23 | $0.18 | quarterly | 2020-12-31 |
2020-09-22 | $0.17 | quarterly | 2020-09-30 |
2020-06-22 | $0.17 | quarterly | 2020-06-30 |
2020-03-23 | $0.34 | quarterly | 2020-03-31 |
2019-12-23 | $0.34 | quarterly | 2019-12-31 |
2019-09-20 | $0.34 | quarterly | 2019-09-30 |
2019-06-20 | $0.34 | quarterly | 2019-06-28 |
2019-03-21 | $0.34 | quarterly | 2019-03-29 |
2018-12-14 | $0.34 | quarterly | 2018-12-31 |
2018-09-13 | $0.34 | quarterly | 2018-09-28 |
2018-06-21 | $0.34 | quarterly | 2018-06-29 |
2018-03-21 | $0.71 | quarterly | 2018-03-29 |
2017-12-14 | $0.34 | quarterly | 2017-12-29 |
2017-09-14 | $0.34 | quarterly | 2017-09-29 |
2017-06-14 | $0.34 | quarterly | 2017-06-30 |
2017-03-17 | $0.34 | quarterly | 2017-03-31 |
2016-12-14 | $0.34 | quarterly | 2016-12-30 |
2016-09-14 | $0.34 | quarterly | 2016-09-30 |
2016-06-14 | $0.34 | quarterly | 2016-06-30 |
2016-03-15 | $0.34 | quarterly | 2016-03-31 |
2015-12-15 | $0.34 | quarterly | 2015-12-31 |
2015-09-14 | $0.34 | quarterly | 2015-09-30 |
2015-06-12 | $0.34 | quarterly | 2015-06-30 |
2015-03-13 | $0.34 | quarterly | 2015-03-31 |
2014-12-15 | $0.34 | quarterly | 2014-12-31 |
2014-09-12 | $0.34 | quarterly | 2014-09-30 |
2014-06-12 | $0.34 | quarterly | 2014-06-30 |
2014-01-29 | $0.34 | quarterly | 2014-02-14 |
2013-10-15 | $0.34 | quarterly | 2013-10-31 |
2013-07-15 | $0.34 | quarterly | 2013-07-31 |
2013-04-15 | $0.34 | quarterly | 2013-04-30 |
2013-01-15 | $0.17 | quarterly | 2013-01-31 |
OFS Capital Dividend per year
OFS Capital Dividend growth
OFS Capital Dividend Yield
OFS Capital current trailing twelve-month (TTM) dividend yield is 16.75%. Interested in purchasing OFS Capital stock? Use our calculator to estimate your expected dividend yield:
OFS Capital Financial Ratios
OFS Capital Dividend FAQ
Other factors to consider when evaluating OFS Capital as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: OFS Capital's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, OFS Capital publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, OFS Capital distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from OFS Capital are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: OFS Capital sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, OFS Capital distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: OFS Capital declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of OFS Capital's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review OFS Capital's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.