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OFS Credit Co (OFS Credit Co) 3-Year Dividend Growth Rate : 2.10% (As of Oct. 2023)


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What is OFS Credit Co 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for OFS Credit Co's 3-Year Dividend Growth Rate or its related term are showing as below:

OCCIO.PFD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 2.1   Med: 7.8   Max: 13.5
Current: 2.1

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.

OCCIO.PFD's 3-Year Dividend Growth Rate is ranked better than
51.04% of 864 companies
in the Asset Management industry
Industry Median: 1.85 vs OCCIO.PFD: 2.10

During the past 3 years, the average Dividends Per Share Growth Rate was 2.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

OFS Credit Co's Dividend Payout Ratio for the six months ended in Oct. 2023 was 0.00. As of today, OFS Credit Co's Dividend Yield % is 6.33%.

Warning Sign:

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

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


Competitive Comparison of OFS Credit Co's 3-Year Dividend Growth Rate

For the Asset Management subindustry, OFS Credit Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, OFS Credit Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where OFS Credit Co's 3-Year Dividend Growth Rate falls into.



OFS Credit Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


OFS Credit Co  (NAS:OCCIO.PFD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

OFS Credit Co's Dividend Payout Ratio for the quarter that ended in Oct. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2023 )/ EPS without NRI (Q: Oct. 2023 )
=0/ 0
=N/A

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.

2. 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.531248/24.20
=6.33 %

Current Share Price is $24.20.
OFS Credit Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.531248.

During the past 6 years, the highest Dividend Yield of OFS Credit Co was 37.35%. The lowest was 6.33%. And the median was 17.89%.

Warning Sign:

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

* 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 3-Year Dividend Growth Rate Related Terms>


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