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

Oxford Square Capital Corp. (NASDAQ:OXSQ) declared a monthly dividend on Friday, November 8th, Wall Street Journal reports. Investors of record on Monday, March 17th will be given a dividend of 0.035 per share on Monday, March 31st. This represents a $0.42 annualized dividend and a yield of 15.85%. The ex-dividend date is Monday, March 17th.

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

OXSQ opened at $2.65 on Friday. Oxford Square Capital has a 12 month low of $2.40 and a 12 month high of $3.29. The stock has a market capitalization of $184.94 million, a price-to-earnings ratio of -26.50 and a beta of 1.07. The business has a fifty day moving average price of $2.72 and a 200 day moving average price of $2.76.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Oxford Square Capital from a “hold” rating to a “sell” rating in a report on Friday, March 7th.

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.