Oxford Square Capital Corp. (OXSQ) To Go Ex-Dividend on July 17th

Oxford Square Capital Corp. (NASDAQ:OXSQGet Free Report) announced a monthly dividend on Monday, April 27th. Shareholders of record on Friday, July 17th will be paid a dividend of 0.035 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 27.1%. The ex-dividend date of this dividend is Friday, July 17th.

Oxford Square Capital has decreased its dividend by an average of 0.1%annually over the last three years. Oxford Square Capital has a dividend payout ratio of 175.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

Oxford Square Capital Trading Up 5.4%

Shares of OXSQ stock opened at $1.55 on Wednesday. Oxford Square Capital has a twelve month low of $1.05 and a twelve month high of $2.42. The company’s 50-day moving average price is $1.42 and its 200-day moving average price is $1.68. The stock has a market cap of $144.97 million, a price-to-earnings ratio of -3.60 and a beta of 0.38.

Oxford Square Capital (NASDAQ:OXSQGet Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.01). The firm had revenue of ($23.52) million for the quarter, compared to analyst estimates of $9.84 million. Oxford Square Capital had a positive return on equity of 14.11% and a negative net margin of 92.37%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on OXSQ. Wall Street Zen raised Oxford Square Capital from a “strong sell” rating to a “sell” rating in a research note on Sunday, May 17th. Weiss Ratings lowered Oxford Square Capital from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Oxford Square Capital has a consensus rating of “Sell”.

View Our Latest Report on OXSQ

About Oxford Square Capital

(Get Free Report)

Oxford Square Capital Corp. (NASDAQ:OXSQ) is a publicly traded business development company that provides flexible financing solutions to U.S. middle-market companies. Chartered as a closed-end management investment company, Oxford Square Capital seeks to generate current income and capital appreciation by investing primarily in secured loans, mezzanine debt and equity co-investments. The firm targets businesses with established cash flows, offering tailored capital structures designed to support growth, recapitalizations and acquisitions.

The company’s investment strategy focuses on senior secured first-lien and second-lien loans, subordinated debt and preferred and common equity stakes.

Further Reading

Dividend History for Oxford Square Capital (NASDAQ:OXSQ)

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