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

Oxford Square Capital Corp. (NASDAQ:OXSQ) announced a dividend on Wednesday, January 15th,investing.com reports. Investors 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 15.73%. The ex-dividend date of this dividend is Friday, January 17th.

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

Oxford Square Capital Trading Up 2.3 %

NASDAQ OXSQ traded up $0.06 during trading on Wednesday, hitting $2.67. 591,000 shares of the company traded hands, compared to its average volume of 475,056. The business has a fifty day simple moving average of $2.63 and a 200 day simple moving average of $2.83. The company has a market capitalization of $181.27 million, a P/E ratio of -26.70 and a beta of 1.07. Oxford Square Capital has a 12 month low of $2.40 and a 12 month high of $3.29.

Analysts Set New Price Targets

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.