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

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

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

Oxford Square Capital Stock Up 2.3 %

Shares of NASDAQ:OXSQ traded up $0.06 during mid-day trading on Wednesday, reaching $2.67. 591,000 shares of the stock were exchanged, compared to its average volume of 475,056. The company has a market cap of $181.27 million, a P/E ratio of -26.70 and a beta of 1.07. The stock’s 50 day simple moving average is $2.63 and its 200-day simple moving average is $2.83. Oxford Square Capital has a one year low of $2.40 and a one year high of $3.29.

Wall Street Analyst Weigh In

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