Oxford Square Capital Corp. (NASDAQ:OXSQ) to Issue Monthly Dividend of $0.04

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 annualized dividend 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 Stock Up 1.1 %

OXSQ opened at $2.84 on Tuesday. Oxford Square Capital has a 52 week low of $2.40 and a 52 week high of $3.29. The business has a fifty day simple moving average of $2.67 and a 200-day simple moving average of $2.77. The firm has a market cap of $192.81 million, a P/E ratio of -28.40 and a beta of 1.07.

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.

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.