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.

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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.

Dividend History for OHA Investment (NASDAQ:OHAI)

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