Oxford Square Capital Corp. (OXSQ) To Go Ex-Dividend on January 16th

Oxford Square Capital Corp. (NASDAQ:OXSQ) declared a monthly dividend on Tuesday, November 4th. Stockholders of record on Friday, January 16th will be paid a dividend of 0.035 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 21.9%. The ex-dividend date of this dividend is Friday, January 16th.

Oxford Square Capital has decreased its dividend payment by an average of 0.1%annually over the last three years. Oxford Square Capital has a dividend payout ratio of 175.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Oxford Square Capital to earn $0.28 per share next year, which means the company may not be able to cover its $0.42 annual dividend with an expected future payout ratio of 150.0%.

Oxford Square Capital Trading Up 2.1%

OXSQ stock opened at $1.92 on Thursday. Oxford Square Capital has a 1-year low of $1.56 and a 1-year high of $2.96. The business’s 50-day moving average price is $1.90 and its two-hundred day moving average price is $2.19. The firm has a market cap of $149.83 million, a PE ratio of -96.00 and a beta of 0.65.

Oxford Square Capital (NASDAQ:OXSQ) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.07 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.07. The company had revenue of $10.24 million during the quarter, compared to the consensus estimate of $9.60 million. Oxford Square Capital had a negative net margin of 3.35% and a positive return on equity of 15.19%.

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.