Cash Dividend On The Way From OFS Capital (OFS)

Looking at the universe of stocks we cover at Dividend Channel, on 10/15/13, OFS Capital Corporation ( OFS) will trade ex-dividend, for its quarterly dividend of $0.34, payable on 10/31/13. As a percentage of OFS's recent stock price of $12.65, this dividend works out to approximately 2.69%, so look for shares of OFS Capital Corporation to trade 2.69% lower — all else being equal — when OFS shares open for trading on 10/15/13.

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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 10.75% on annualized basis is a reasonable expectation of annual yield going forward.
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In Friday trading, OFS Capital Corporation shares are currently off about 0.4% on the day.
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