Oxford Square Capital Corp. (OXSQ) To Go Ex-Dividend on June 16th

Oxford Square Capital Corp. (NASDAQ:OXSQ) announced a monthly dividend on Thursday, February 26th. Stockholders of record on Tuesday, June 16th will be given a dividend of 0.035 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 31.1%. The ex-dividend date of this dividend is Tuesday, June 16th.

Oxford Square Capital has decreased its dividend by an average of 0.1%annually over the last three years. Oxford Square Capital has a 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 Stock Performance

Oxford Square Capital stock opened at $1.35 on Friday. The company has a market capitalization of $126.26 million, a price-to-earnings ratio of -3.14 and a beta of 0.38. The company’s 50 day simple moving average is $1.65 and its 200-day simple moving average is $1.75. Oxford Square Capital has a 1 year low of $1.05 and a 1 year high of $2.42.

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

Oxford Square Capital Company Profile

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.