Oxford Square Capital Corp. (NASDAQ:OXSQ) Declares $0.04 Monthly Dividend

Oxford Square Capital Corp. (NASDAQ:OXSQ) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Monday, June 16th will be given a dividend of 0.035 per share on Monday, June 30th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 14.79%. The ex-dividend date is Monday, June 16th.

Oxford Square Capital has raised its dividend payment by an average of 6.5% per year over the last three years.

Oxford Square Capital Price Performance

OXSQ opened at $2.84 on Wednesday. The company has a fifty day moving average price of $2.68 and a 200-day moving average price of $2.76. The firm has a market capitalization of $192.81 million, a P/E ratio of -28.40 and a beta of 1.07. Oxford Square Capital has a one year low of $2.40 and a one year high of $3.29.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of 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.