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

Oxford Square Capital Corp. (NASDAQ:OXSQ) declared a dividend on Thursday, January 16th,investing.com reports. Stockholders of record on Monday, January 20th will be paid a dividend of 0.035 per share on Friday, January 31st. This represents a dividend yield of 15.67%. The ex-dividend date of this dividend 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 Trading Up 0.4 %

Shares of NASDAQ OXSQ traded up $0.01 during trading hours on Thursday, reaching $2.68. The stock had a trading volume of 611,759 shares, compared to its average volume of 488,766. Oxford Square Capital has a 52-week low of $2.40 and a 52-week high of $3.29. The firm has a market cap of $181.95 million, a price-to-earnings ratio of -26.80 and a beta of 1.07. The business’s fifty day moving average price is $2.63 and its two-hundred day moving average price is $2.83.

Analysts Set New Price Targets

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