Mon, December 2, 2024
[ Mon, Dec 02nd 2024 ]: Bill Williamson
Singapore cenbank fines JPMorgan $1.8 mln over misconduct by relationship managers
Sun, December 1, 2024
[ Sun, Dec 01st 2024 ]: Bill Williamson
International drive for climate change mitigation hots up in PH with IFAD-led training
[ Sun, Dec 01st 2024 ]: Bill Williamson
Hero Future Energies signs MoU to invest Rs 11,000 cr in Karnataka
[ Sun, Dec 01st 2024 ]: Bill Williamson
Game Time in Philadelphia: Vote Looms for New 76ers Arena Near Chinatown
[ Sun, Dec 01st 2024 ]: Bill Williamson
Should You Forget Nvidia and Buy 2 Other Artificial Intelligence (AI) Stocks Right Now?
[ Sun, Dec 01st 2024 ]: Bill Williamson
How Trump's CIA Pick Funneled Congressional Campaign Funds To Himself And His Wife
[ Sun, Dec 01st 2024 ]: Bill Williamson
Bajaj Finance exits co-branded credit card space; ends tie-up with DBS, RBL
[ Sun, Dec 01st 2024 ]: Bill Williamson
Use this win-win TFSA strategy before Jan. 1 to maximize earnings and grow contribution headroom
[ Sun, Dec 01st 2024 ]: Bill Williamson
U.K. farmers furious over changes they say would force many to go under
[ Sun, Dec 01st 2024 ]: Bill Williamson
GOLDSTEIN: Chrystia Freeland ignores the bad vibes in our economy
[ Sun, Dec 01st 2024 ]: Bill Williamson
Why TotalEnergies SE (NYSE:TTE) Is One of the Best ADR Stocks to Invest in?
[ Sun, Dec 01st 2024 ]: Bill Williamson
HK Finance Chief Expects 50% Jump in Airport Capacity by 2035
[ Sun, Dec 01st 2024 ]: Bill Williamson
Refinancing a personal loan: Key benefits and how it works
[ Sun, Dec 01st 2024 ]: Bill Williamson
3 Mega-Cap Stocks to Buy Before They're Worth $1 Trillion
[ Sun, Dec 01st 2024 ]: Bill Williamson
GST assessment order served to old address is not valid service of order: Madras HC
[ Sun, Dec 01st 2024 ]: Bill Williamson
Does tech have gender? Venture capitalist Priyanka Gill says femtech is the future
[ Sun, Dec 01st 2024 ]: Bill Williamson
How I'm setting my daughters up to have $1 million each by the time they turn 30
[ Sun, Dec 01st 2024 ]: Bill Williamson
Will develop state by creating wealth, benefiting poor: Andhra CM Naidu
[ Sun, Dec 01st 2024 ]: Bill Williamson
Where Will Block Be in 5 Years?
[ Sun, Dec 01st 2024 ]: Bill Williamson
Temasek among cornerstone investors for LeapFrog's latest fund
[ Sun, Dec 01st 2024 ]: Bill Williamson
The grim ghost of crypto future
[ Sun, Dec 01st 2024 ]: Bill Williamson
Two-pot retirement system: keep your hands out of this cookie jar!
[ Sun, Dec 01st 2024 ]: Bill Williamson
What days will the SSDI payment be made for Decem .. ? These days you will receive disability benefits
[ Sun, Dec 01st 2024 ]: Bill Williamson
Warning over cybercrime surge in South Africa this holiday season
[ Sun, Dec 01st 2024 ]: Bill Williamson
40 per cent of Ugandans live below the poverty line
[ Sun, Dec 01st 2024 ]: Bill Williamson
The BIBF and Tamkeen launch Sales Graduate Development Programme for Bahraini job seekers
[ Sun, Dec 01st 2024 ]: Bill Williamson
RevFin eyes financing 2 mn vehicles, Rs 20k cr loan payment in 5 yrs: CEO
[ Sun, Dec 01st 2024 ]: Bill Williamson
5-Day Working Week For All Bank Employees Likely From December
[ Sun, Dec 01st 2024 ]: Bill Williamson
Can you exceed your credit card limit? Pros, cons, and tips to manage it
Sat, November 30, 2024
[ Sat, Nov 30th 2024 ]: Bill Williamson
Now 50 products to be considered to calculate inflation
[ Sat, Nov 30th 2024 ]: Bill Williamson
The Ex-Files: Can I make a claim for occupational rent post-separation?
[ Sat, Nov 30th 2024 ]: Bill Williamson
The big forex headache
[ Sat, Nov 30th 2024 ]: Bill Williamson
Planting for Food and Jobs had potential but poorly executed - Dr. Duffuor
[ Sat, Nov 30th 2024 ]: Bill Williamson
Jensen Huang shares the pick-up line he used in college when he first met his wife
[ Sat, Nov 30th 2024 ]: Bill Williamson
I'm a successful entrepreneur, and there are 3 re .. eve in the advice to 'live on less than you make'
[ Sat, Nov 30th 2024 ]: Bill Williamson
Ireland's centre-right parties close in on re-election, likely to need new partner
[ Sat, Nov 30th 2024 ]: Bill Williamson
Entrepreneurs transforming agric through tech
[ Sat, Nov 30th 2024 ]: Bill Williamson
UK business confidence lowest since COVID pandemic, IoD says
[ Sat, Nov 30th 2024 ]: Bill Williamson
Aries Horoscope for December: Love, health, and wealth predictions
[ Sat, Nov 30th 2024 ]: Bill Williamson
Physical gold bars, paper gold or gold jewellery? Investors share what they invest in
[ Sat, Nov 30th 2024 ]: Bill Williamson
Why the cost of your daily coffee is set to skyrocket
[ Sat, Nov 30th 2024 ]: Bill Williamson
Crypto Markets Have Grown, But They Still Haven't Grown Up
[ Sat, Nov 30th 2024 ]: Bill Williamson
Crores lost to 'digital arrest' scam: Here's how to avoid falling victim
[ Sat, Nov 30th 2024 ]: Bill Williamson
Liberals, NDP pass bill to enact two-month GST holiday in House of Commons
[ Sat, Nov 30th 2024 ]: Bill Williamson
Weighted average lending rate on fresh rupee loan .. stand at 9.54% in Oct-24 compared 9.37% in Sep-24
[ Sat, Nov 30th 2024 ]: Bill Williamson
Is Medical Properties Trust Stock a Buy?
[ Sat, Nov 30th 2024 ]: Bill Williamson
Why stamp duty on mutual fund registration?
[ Sat, Nov 30th 2024 ]: Bill Williamson
5 Must-Read Books For The High Achievers On Your Holiday Gift List

OFS Capital: Worsening Non-Accrual Rate And Poor Dividend Coverage (Rating Downgrade)

The article from SeekingAlpha discusses the financial health and investment outlook for OFS Capital Corporation (OFS). It highlights concerns over OFS's increasing non-accrual rate, which has risen to 10.5% of its portfolio, indicating a higher risk of loan defaults. This rate is significantly above the industry average, suggesting potential issues with the quality of its loan portfolio. Additionally, the article points out that OFS has been struggling with poor dividend coverage, with its net investment income failing to cover its dividend payouts, which raises questions about the sustainability of its dividend. The analysis suggests that while OFS offers a high yield, the combination of a worsening non-accrual rate and inadequate dividend coverage makes it a less attractive investment compared to other Business Development Companies (BDCs). The author advises caution, recommending that investors look for BDCs with better portfolio quality and more secure dividend coverage.

Read the Full Seeking Alpha Article at:
[ https://seekingalpha.com/article/4741363-ofs-capital-stock-worsening-non-accrual-rate-poor-dividend-coverage ]