Oxford Square Capital Corp. to Issue Dividend of $0.04 (NASDAQ:OXSQ)

Oxford Square Capital Corp. (NASDAQ:OXSQ) announced a dividend on Thursday, January 16th,investing.com reports. Shareholders of record on Monday, January 20th will be paid a dividend of 0.035 per share on Friday, January 31st. This represents a yield of 15.67%. The ex-dividend date of this dividend is Friday, January 17th.

Oxford Square Capital has raised its dividend by an average of 7.2% annually over the last three years.

Oxford Square Capital Trading Up 0.4 %

Shares of OXSQ stock traded up $0.01 during trading hours on Thursday, reaching $2.68. 611,759 shares of the company’s stock were exchanged, compared to its average volume of 488,766. Oxford Square Capital has a fifty-two week low of $2.40 and a fifty-two week high of $3.29. The stock’s 50 day moving average is $2.63 and its 200-day moving average is $2.83. The company has a market cap of $181.95 million, a price-to-earnings ratio of -26.80 and a beta of 1.07.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Oxford Square Capital from a “sell” rating to a “hold” rating in a research report on Tuesday, November 19th.

About Oxford Square Capital

Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm. The firm invests in both public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock and syndicated bank loans.