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OFS Credit Co (OFS Credit Co) 5-Year Yield-on-Cost % : 22.89 (As of May. 13, 2024)


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What is OFS Credit Co 5-Year Yield-on-Cost %?

OFS Credit Co's yield on cost for the quarter that ended in Oct. 2023 was 22.89.


The historical rank and industry rank for OFS Credit Co's 5-Year Yield-on-Cost % or its related term are showing as below:

OCCI' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 8.74   Med: 17.64   Max: 37.35
Current: 22.89


During the past 6 years, OFS Credit Co's highest Yield on Cost was 37.35. The lowest was 8.74. And the median was 17.64.


OCCI's 5-Year Yield-on-Cost % is ranked better than
96.05% of 1216 companies
in the Asset Management industry
Industry Median: 5.925 vs OCCI: 22.89

Competitive Comparison of OFS Credit Co's 5-Year Yield-on-Cost %

For the Asset Management subindustry, OFS Credit Co's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, OFS Credit Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where OFS Credit Co's 5-Year Yield-on-Cost % falls into.



OFS Credit Co 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of OFS Credit Co is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

OFS Credit Co  (NAS:OCCI) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


OFS Credit Co 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of OFS Credit Co's 5-Year Yield-on-Cost % 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