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

Oxford Square Capital Corp. (NASDAQ:OXSQ) announced a dividend on Wednesday, April 16th, investing.com reports. Shareholders of record on Thursday, April 17th will be paid a dividend of 0.035 per share on Wednesday, April 30th. This represents a dividend yield of 16.94%. The ex-dividend date of this dividend is Wednesday, April 16th.

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

Oxford Square Capital Price Performance

Shares of OXSQ stock traded down $0.16 on Wednesday, hitting $2.48. 717,877 shares of the company’s stock were exchanged, compared to its average volume of 410,465. The company has a 50 day moving average of $2.67 and a 200 day moving average of $2.70. The stock has a market cap of $173.08 million, a P/E ratio of -24.80 and a beta of 0.71. Oxford Square Capital has a 12 month low of $2.28 and a 12 month high of $3.29.

Wall Street Analyst Weigh In

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