OHA Investment Corporation Declares Quarterly Dividend of $0.02 (OHAI)
OHA Investment Corporation (NASDAQ:OHAI) announced a quarterly dividend on Wednesday, December 13th, Wall Street Journal reports. Shareholders of record on Sunday, December 31st will be paid a dividend of 0.02 per share by the financial services provider on Tuesday, January 9th. This represents a $0.08 dividend on an annualized basis and a yield of 6.72%. The ex-dividend date of this dividend is Thursday, December 28th.
Shares of OHA Investment (NASDAQ OHAI) traded up $0.04 during mid-day trading on Wednesday, reaching $1.19. The company’s stock had a trading volume of 84,920 shares, compared to its average volume of 81,540. OHA Investment has a 1-year low of $0.85 and a 1-year high of $1.95. The stock has a market cap of $23.20, a price-to-earnings ratio of 9.58 and a beta of 1.10.
Separately, ValuEngine upgraded OHA Investment from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd.
COPYRIGHT VIOLATION NOTICE: “OHA Investment Corporation Declares Quarterly Dividend of $0.02 (OHAI)” was reported by Watch List News and is owned by of Watch List News. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international copyright laws. The correct version of this piece can be accessed at https://www.watchlistnews.com/oha-investment-corporation-declares-quarterly-dividend-of-0-02-ohai/1762134.html.
OHA Investment Company Profile
OHA Investment Corporation is a specialty finance company. The Company focuses primarily on providing direct lending solutions to middle market private companies across industry sectors. The Company’s investment portfolio includes debt securities and other investments in upstream exploration and production companies engaged in the acquisition, development and production of oil and natural gas properties in and along the Gulf Coast, in the state and federal waters of the Gulf of Mexico, and in the Permian Basin, Mid-Continent and Rocky Mountain areas.
Receive News & Ratings for OHA Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OHA Investment and related companies with Analyst Ratings Network's FREE daily email newsletter.