OFS Capital Corporation About To Put More Money In Your Pocket (OFS)

Looking at the universe of stocks we cover at Dividend Channel, on 7/15/13, OFS Capital Corporation (OFS) will trade ex-dividend, for its quarterly dividend of $0.34, payable on 7/31/13. As a percentage of OFS's recent stock price of $11.65, this dividend works out to approximately 2.92%, so look for shares of OFS Capital Corporation to trade 2.92% lower — all else being equal — when OFS shares open for trading on 7/15/13.

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Below is a dividend history chart for OFS, showing historical dividends prior to the most recent $0.34 declared by Ofs Capital Corporation:

OFS+Dividend+History+Chart

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 11.67% on annualized basis is a reasonable expectation of annual yield going forward.

In Thursday trading, OFS Capital Corporation shares are currently off about 2.8% on the day.

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