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

Oxford Square Capital Corp. (NASDAQ:OXSQ - Get Free Report) announced a dividend on Friday, January 17th,investing.com reports. Shareholders of record on Monday, January 20th will be paid a dividend of 0.035 per share on Friday, January 31st. This represents a yield of 16.09%. The ex-dividend date is Friday, January 17th.

Oxford Square Capital has raised its dividend by an average of 7.2% per year over the last three years.

Oxford Square Capital Stock Performance

Shares of OXSQ traded down $0.07 during midday trading on Friday, hitting $2.61. 428,280 shares of the stock traded hands, compared to its average volume of 483,432. The business's 50 day moving average price is $2.62 and its two-hundred day moving average price is $2.82. The firm has a market capitalization of $177.19 million, a PE ratio of -26.10 and a beta of 1.07. Oxford Square Capital has a 1-year low of $2.40 and a 1-year high of $3.29.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of 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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