OFS Capital Corporation (OFS) Social Stream
Featured Post From StockTwits About OFS
$OFSdarrenscashflowkingdom, published December 1, 2020
OFS Capital is up over 50% since we covered it in Cash Flow Kingdom's, "BDC And Commercial mREIT Earnings Reviews" (https://seekingalpha.com/research/379412-darren-mccammon/5514242-bdc-and-commercial-mreit-earnings-reviews). At that time we also disclosed we were adding to an existing 0.3% token position and why.
"...Book value increased 10.7% to $11.18, and they hiked the dividend 6% to 18¢ (15.5% dividend yield, 17.2% DCF yield)....OFS is trading at a little less than half its .88x 5 year average P/TB ratio. Furthermore, I've long thought this lower than 1x ratio a bit unwarranted. While the firm does purposely take a riskier than average approach to their portfolio, they are also sponsored by a very experienced parent (CIM Group), and have high insider ownership (22% insider ownership) which likely means good alignment....I added to OFS near the close today.."
Ask yourself, would you have also added if you were a Cash Flow Kingdom member?