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OFS Credit Co (OFS Credit Co) Dividend Payout Ratio : 6.92 (As of Oct. 2023)


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What is OFS Credit Co Dividend Payout Ratio?

OFS Credit Co's dividend payout ratio for the months ended in Oct. 2023 was 6.92.

The historical rank and industry rank for OFS Credit Co's Dividend Payout Ratio or its related term are showing as below:


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.

OCCI's Dividend Payout Ratio is not ranked *
in the Asset Management industry.
Industry Median: 0.81
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-05-12), the Dividend Yield % of OFS Credit Co is 22.89%.

During the past 6 years, the highest Trailing Annual Dividend Yield of OFS Credit Co was 37.35%. The lowest was 8.74%. And the median was 17.64%.

OFS Credit Co's Dividends per Share for the months ended in Oct. 2023 was $1.10.

During the past 3 years, the average Dividends Per Share Growth Rate was 2.10% per year.

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.

The growth rate is calculated with least square regression.

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


OFS Credit Co Dividend Payout Ratio Historical Data

The historical data trend for OFS Credit Co's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

OFS Credit Co Dividend Payout Ratio Chart

OFS Credit Co Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividend Payout Ratio
Get a 7-Day Free Trial - - 0.56 - -

OFS Credit Co Semi-Annual Data
Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.08 - - - 6.92

Competitive Comparison of OFS Credit Co's Dividend Payout Ratio

For the Asset Management subindustry, OFS Credit Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, OFS Credit Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where OFS Credit Co's Dividend Payout Ratio falls into.



OFS Credit Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio=Dividends per Share (A: Oct. 2023 )/ EPS without NRI (A: Oct. 2023 )
=2.2/ -0.16
=N/A

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 )
=1.1/ 0.159
=6.92

* 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 (NAS:OCCI) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


OFS Credit Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of OFS Credit Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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