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

Oxford Square Capital Corp. (NASDAQ:OXSQ) declared a monthly dividend on Thursday, November 7th,Wall Street Journal reports. Investors of record on Friday, February 14th will be paid a dividend of 0.035 per share on Friday, February 28th. This represents a $0.42 annualized dividend and a yield of 15.00%. The ex-dividend date is Friday, February 14th.

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

Oxford Square Capital Trading Up 0.4 %

Oxford Square Capital stock opened at $2.80 on Wednesday. Oxford Square Capital has a 52 week low of $2.40 and a 52 week high of $3.29. The firm’s 50-day simple moving average is $2.61 and its 200 day simple moving average is $2.79.

Analyst Ratings Changes

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