Oxford Square Capital Corp. (OXSQ) to Issue Dividend of $0.04 on January 31st

Oxford Square Capital Corp. (NASDAQ:OXSQ) announced a dividend on Wednesday, January 15th,investing.com reports. Stockholders of record on Monday, January 20th will be given a dividend of 0.035 per share on Friday, January 31st. This represents a dividend yield of 15.73%. The ex-dividend date is Friday, January 17th.

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

Oxford Square Capital Price Performance

Oxford Square Capital stock traded up $0.06 during midday trading on Wednesday, hitting $2.67. 591,000 shares of the company were exchanged, compared to its average volume of 475,056. The company has a market cap of $181.27 million, a PE ratio of -26.70 and a beta of 1.07. Oxford Square Capital has a fifty-two week low of $2.40 and a fifty-two week high of $3.29. The company’s fifty day moving average price is $2.63 and its 200-day moving average price is $2.83.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Oxford Square Capital from a “sell” rating to a “hold” rating in a 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.