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OFS Capital (OFS Capital) 3-Year Dividend Growth Rate : 15.90% (As of Mar. 2024)


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What is OFS Capital 3-Year Dividend Growth Rate?

OFS Capital's Dividends per Share for the three months ended in Mar. 2024 was $0.34.

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

OFS' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -14.2   Med: -5.2   Max: 15.9
Current: 15.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of OFS Capital was 15.90% per year. The lowest was -14.20% per year. And the median was -5.20% per year.

OFS's 3-Year Dividend Growth Rate is ranked better than
83.22% of 870 companies
in the Asset Management industry
Industry Median: 1.7 vs OFS: 15.90

During the past 12 months, OFS Capital's average Dividends Per Share Growth Rate was 11.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.00% 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 Capital's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, OFS Capital's Dividend Yield % is 14.22%.

Good Sign:

OFS Capital Corp stock dividend yield is close to 3-year high.

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


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

For the Asset Management subindustry, OFS Capital'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 Capital's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

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

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



OFS Capital 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 Capital  (NAS:OFS) 3-Year Dividend Growth Rate Explanation

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

OFS Capital's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.34/ -0.67
=N/A

During the past 13 years, the highest Dividend Payout Ratio of OFS Capital was 3.07. The lowest was 0.22. And the median was 1.60.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

OFS Capital Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3400002024-03-152024-03-182024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.3400002023-12-212023-12-222023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3400002023-09-212023-09-222023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3300002023-06-222023-06-232023-06-30Cash DividendquarterlyUSD: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 Capital's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.35/9.50
=14.21 %

Current Share Price is $9.50.
OFS Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.35.

During the past 13 years, the highest Dividend Yield of OFS Capital was 38.64%. The lowest was 1.37%. And the median was 11.14%.

Good Sign:

OFS Capital Corp stock dividend yield is close to 3-year high.

* 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 Capital 3-Year Dividend Growth Rate Related Terms>


OFS Capital (OFS Capital) Business Description

Traded in Other Exchanges
Address
10 South Wacker Drive, Suite 2500, Chicago, IL, USA, 60606
OFS Capital Corp is an externally managed, closed-end, non-diversified management investment company. Its business objective is to generate current income and capital appreciation by investing primarily in middle-market companies in the United States. The company focuses on investments in senior secured loans, including first lien, second lien, and unitranche loans, as well as subordinated loans and, to a lesser extent, warrants, and other equity securities.
Executives
Kyle Spina officer: Chief Accounting Officer 10 S. WACKER DR, SUITE 2500, CHICAGO IL 60606
Orchard First Source Asset Management Holdings, Llc 10 percent owner 10 SOUTH WACKER, SUITE 2500, CHICAGO IL 60606
Ross Teune officer: Chief Accounting Officer 150 SOUTH WACKER DRIVE, SUITE 800, CHICAGO IL 60606
Ashwin Ranganathan director 4700 WILSHIRE BLVD, LOS ANGELES CA 90010
Orchard Investments, Llc 10 percent owner 4700 WILSHIRE BLVD., LOS ANGELES CA 90010
Romita Shetty director 70 E 55TH STREET, FLOOR 21, NEW YORK NY 10022
Mukya Porter officer: Chief Compliance Officer 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Jeffery S. Owen officer: Chief Accounting Officer C/O OFS CAPITAL CORPORATION, 10 S. WACKER DRIVE, SUITE 2500, CHICAGO IL 60606
Richard S Ressler 10 percent owner C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Jeffrey A Cerny officer: CFO and Treasurer 10 SOUTH WACKER DRIVE, SUITE 2500, CHICAGO IL 60606
Bilal Rashid director 10 SOUTH WACKER DRIVE, SUITE 2500, CHICAGO IL 60606
Elaine Healy director
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
Eric P. Rubenfeld officer: Chief Compliance Officer 2850 WEST GOLF ROAD, 5TH FLOOR, ROLLING MEADOWS IL 60008