Looking at the universe of stocks we cover at Dividend Channel, on 1/29/14, OFS Capital Corporation (OFS) will trade ex-dividend, for its quarterly dividend of $0.34, payable on 2/14/14. As a percentage of OFS's recent stock price of $13.25, this dividend works out to approximately 2.57%, so look for shares of OFS Capital Corporation to trade 2.57% lower — all else being equal — when OFS shares open for trading on 1/29/14.
Below is a dividend history chart for OFS, showing historical dividends prior to the most recent $0.34 declared by OFS Capital Corporation:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OFS is likely to continue, and whether the current estimated yield of 10.26% on annualized basis is a reasonable expectation of annual yield going forward.
In Monday trading, OFS Capital Corporation shares are currently trading flat on the day.