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

Oxford Square Capital Corp. (NASDAQ:OXSQ) announced a dividend on Thursday, October 31st,investing.com reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.035 per share on Friday, February 28th. This represents a yield of 15.67%. The ex-dividend date of this dividend is Friday, February 14th.

Oxford Square Capital has increased its dividend payment by an average of 6.5% per year over the last three years.

Oxford Square Capital Stock Up 0.4 %

Oxford Square Capital stock opened at $2.80 on Wednesday. The stock has a 50-day moving average price of $2.61 and a 200 day moving average price of $2.79. Oxford Square Capital has a 52 week low of $2.40 and a 52 week high of $3.29.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised 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.