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

Oxford Square Capital Corp. (NASDAQ:OXSQGet Free Report) announced a monthly dividend on Thursday, November 9th, Wall Street Journal reports. Stockholders of record on Thursday, February 15th will be given a dividend of 0.035 per share on Thursday, February 29th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 13.68%. The ex-dividend date of this dividend is Wednesday, February 14th.

Oxford Square Capital has decreased its dividend by an average of 11.8% per year over the last three years.

Oxford Square Capital Stock Performance

NASDAQ:OXSQ opened at $3.07 on Monday. The company has a market capitalization of $178.46 million, a P/E ratio of 153.58 and a beta of 1.12. The stock’s 50 day moving average price is $2.96 and its 200 day moving average price is $2.99. Oxford Square Capital has a 52 week low of $2.60 and a 52 week high of $3.66.

Institutional Investors Weigh In On Oxford Square Capital

A number of large investors have recently bought and sold shares of OXSQ. Northern Trust Corp boosted its position in Oxford Square Capital by 30.5% during the second quarter. Northern Trust Corp now owns 15,025 shares of the company’s stock worth $40,000 after purchasing an additional 3,514 shares during the period. Advisor Group Holdings Inc. lifted its stake in shares of Oxford Square Capital by 15.0% in the first quarter. Advisor Group Holdings Inc. now owns 32,073 shares of the company’s stock worth $134,000 after buying an additional 4,173 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Oxford Square Capital by 110.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,400 shares of the company’s stock worth $26,000 after buying an additional 4,400 shares during the period. Cubist Systematic Strategies LLC grew its stake in Oxford Square Capital by 14.3% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 39,169 shares of the company’s stock valued at $143,000 after buying an additional 4,900 shares during the last quarter. Finally, Legal & General Group Plc raised its holdings in Oxford Square Capital by 1.8% in the 2nd quarter. Legal & General Group Plc now owns 302,046 shares of the company’s stock worth $1,098,000 after acquiring an additional 5,389 shares during the period. 7.17% of the stock is currently owned by institutional investors.

About Oxford Square Capital

(Get Free Report)

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.

Further Reading

Dividend History for Oxford Square Capital (NASDAQ:OXSQ)

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