GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » OFS Credit Co Inc (NAS:OCCIO.PFD) » Definitions » Dividend Yield %

OFS Credit Co (OFS Credit Co) Dividend Yield % : 6.38% (As of May. 23, 2024)


View and export this data going back to 2021. Start your Free Trial

What is OFS Credit Co Dividend Yield %?

As of today (2024-05-23), the Trailing Annual Dividend Yield of OFS Credit Co is 6.38%.

Warning Sign:

OFS Credit Co Inc stock dividend yield is close to 1-year low.

The historical rank and industry rank for OFS Credit Co's Dividend Yield % or its related term are showing as below:

OCCIO.PFD' s Dividend Yield % Range Over the Past 10 Years
Min: 6.32   Med: 17.89   Max: 37.35
Current: 6.38

During the past 6 years, the highest Dividend Yield of OFS Credit Co was 37.35%. The lowest was 6.32%. And the median was 17.89%.

OCCIO.PFD's Dividend Yield % is ranked better than
99.1% of 1218 companies
in the Asset Management industry
Industry Median: 5.52 vs OCCIO.PFD: 6.38

OFS Credit Co's Dividend Payout Ratio for the six months ended in Oct. 2023 was 0.00.

During the past 6 years, the highest Dividend Payout Ratio of OFS Credit Co was 0.56. The lowest was 0.56. And the median was 0.56.

As of today (2024-05-23), the Forward Dividend Yield % of OFS Credit Co is 6.38%.

OFS Credit Co's Dividends per Share for the six months ended in Oct. 2023 was $0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 2.10% per year.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of OFS Credit Co was 13.50% per year. The lowest was 2.10% per year. And the median was 7.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


OFS Credit Co Dividend Yield % Historical Data

The historical data trend for OFS Credit Co's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

OFS Credit Co Dividend Yield % Chart

OFS Credit Co Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividend Yield %
Get a 7-Day Free Trial - - - - -

OFS Credit Co Semi-Annual Data
Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of OFS Credit Co's Dividend Yield %

For the Asset Management subindustry, OFS Credit Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OFS Credit Co's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, OFS Credit Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where OFS Credit Co's Dividend Yield % falls into.



OFS Credit Co Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

OFS Credit Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1276042024-05-202024-05-212024-05-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1276042024-04-182024-04-192024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1276042024-03-182024-03-192024-03-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1276042024-02-152024-02-192024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1276042024-01-232024-01-242024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1276042023-12-212023-12-222023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1276042023-11-212023-11-232023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1276042023-10-232023-10-242023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1276042023-09-212023-09-222023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1276042023-08-232023-08-242023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1276042023-07-212023-07-242023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1276042023-06-222023-06-232023-06-30Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

OFS Credit Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.531248/24.01
=6.38 %

Current Share Price is $24.01.
OFS Credit Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.531248.

OFS Credit Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.531248/24.01
=6.38 %

Current Share Price is $24.01.
OFS Credit Co's Dividends per Share for the forward twelve months is calculated as $0.127604 * 12 = $1.531248.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


OFS Credit Co  (NAS:OCCIO.PFD) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


OFS Credit Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of OFS Credit Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


OFS Credit Co (OFS Credit Co) Business Description

Traded in Other Exchanges
Address
10 South Wacker Drive, Suite 2500, Chicago, IL, USA, 60606
OFS Credit Co Inc is a non-diversified, closed-end management investment company. Its investment objective is to generate current income, with a secondary objective to generate capital appreciation. The company invests in floating rate credit instruments and other structured credit investments, including; collateralized loan obligation (CLO) debt and subordinated (i.e., residual or equity) securities; traditional corporate credit investments, including leveraged loans and high yield bonds; opportunistic credit investments, including stressed and distressed credit situations and long/short credit investments; and other credit-related instruments.
Executives
Kyle Spina officer: Chief Accounting Officer 10 S. WACKER DR, SUITE 2500, CHICAGO IL 60606
Orchard First Source Asset Management Holdings, Llc other: Parent of Investment Adviser 10 SOUTH WACKER, SUITE 2500, CHICAGO IL 60606
Ross Teune officer: Chief Accounting Officer 150 SOUTH WACKER DRIVE, SUITE 800, CHICAGO IL 60606
Eagle Point Cif Gp I Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Dif Gp I Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Credit Management Llc 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Catherine Mary Fitta director 100 JAY STREET, #10D, BROOKLYN NY 11201
Oi3 2019 Trust 10 percent owner 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Oi3, Llc 10 percent owner 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Robert J Cresci director
Richard S Ressler 10 percent owner C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Orchard First Source Asset Management, Llc other: Parent of Investment Adviser 10 SOUTH WACKER DRIVE, SUITE 2500, CHICAGO IL 60606
Bilal Rashid director, officer: President, Director and CEO 10 SOUTH WACKER DRIVE, SUITE 2500, CHICAGO IL 60606
Romita Shetty director 70 E 55TH STREET, FLOOR 21, NEW YORK NY 10022
Wolfgang Schubert director 10 S. WACKER DRIVE, SUITE 2500, CHICAGO IL 60606