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

Oxford Square Capital Corp. (NASDAQ:OXSQ - Get Free Report) declared a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Shareholders of record on Monday, June 16th will be paid a dividend of 0.035 per share on Monday, June 30th. This represents a $0.42 annualized dividend and a yield of 14.95%. The ex-dividend date is Monday, June 16th.

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

Oxford Square Capital Price Performance

Shares of Oxford Square Capital stock traded down $0.01 during trading hours on Friday, hitting $2.81. The company had a trading volume of 424,555 shares, compared to its average volume of 405,808. The company's 50-day moving average is $2.69 and its two-hundred day moving average is $2.77. The company has a market cap of $190.78 million, a P/E ratio of -28.10 and a beta of 1.07. Oxford Square Capital has a twelve month low of $2.40 and a twelve month high of $3.29.

Wall Street Analyst Weigh In

Separately, StockNews.com raised 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.