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

Oxford Square Capital Corp. (NASDAQ:OXSQ) declared a monthly dividend on Tuesday, March 4th, 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 annualized dividend and a dividend yield of 14.92%. The ex-dividend date is Monday, June 16th.

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

Oxford Square Capital Price Performance

Shares of Oxford Square Capital stock traded down $0.03 during trading on Wednesday, hitting $2.82. The company’s stock had a trading volume of 28,394 shares, compared to its average volume of 400,356. The stock has a market cap of $191.12 million, a price-to-earnings ratio of -28.20 and a beta of 1.07. Oxford Square Capital has a 52 week low of $2.40 and a 52 week high of $3.29. The stock has a 50-day moving average price of $2.68 and a two-hundred day moving average price of $2.76.

Analyst Upgrades and Downgrades

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

Oxford Square Capital Company Profile

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.