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

Oxford Square Capital Corp. (NASDAQ:OXSQ - Get Free Report) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders 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 dividend on an annualized basis 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% annually over the last three years.

Oxford Square Capital Stock Performance

Shares of OXSQ traded up $0.03 during trading hours on Monday, hitting $2.84. The stock had a trading volume of 575,529 shares, compared to its average volume of 408,348. The firm has a 50-day moving average price of $2.66 and a 200 day moving average price of $2.77. Oxford Square Capital has a fifty-two week low of $2.40 and a fifty-two week high of $3.29. The firm has a market capitalization of $192.81 million, a price-to-earnings ratio of -28.40 and a beta of 1.09.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Oxford Square Capital from a "sell" rating to a "hold" rating in a research report 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.

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