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

Looking at the universe of stocks we cover at Dividend Channel, on 9/12/14, OFS Capital Corporation ( OFS) will trade ex-dividend, for its quarterly dividend of $0.34, payable on 9/30/14. As a percentage of OFS's recent stock price of $12.81, this dividend works out to approximately 2.65%, so look for shares of OFS Capital Corporation to trade 2.65% lower — all else being equal — when OFS shares open for trading on 9/12/14.

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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 10.62% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of OFS shares, versus its 200 day moving average:

OFS Capital Corporation 200 Day Moving Average Chart

Looking at the chart above, OFS's low point in its 52 week range is $11.51 per share, with $13.40 as the 52 week high point — that compares with a last trade of $12.81.

In Wednesday trading, OFS Capital Corporation shares are currently up about 0.1% on the day.

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