Oxford Square Capital Corp (NASDAQ:OXSQ) declared a dividend on Friday, October 25th, Fidelity reports. Investors of record on Friday, January 17th will be paid a dividend of 0.067 per share on Friday, January 31st. The ex-dividend date of this dividend is Thursday, January 16th.

Oxford Square Capital has decreased its dividend payment by an average of 11.5% per year over the last three years. Oxford Square Capital has a dividend payout ratio of 97.6% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Research analysts expect Oxford Square Capital to earn $0.75 per share next year, which means the company may not be able to cover its $0.80 annual dividend with an expected future payout ratio of 106.7%.

Shares of Oxford Square Capital stock opened at $5.90 on Tuesday. The business has a 50-day moving average of $5.43 and a 200-day moving average of $5.94. The company has a market capitalization of $281.01 million, a PE ratio of 8.81 and a beta of 0.44. Oxford Square Capital has a 1-year low of $5.02 and a 1-year high of $7.45.

Oxford Square Capital (NASDAQ:OXSQ) last announced its earnings results on Wednesday, October 30th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.01). The business had revenue of $13.41 million for the quarter. Oxford Square Capital had a negative net margin of 97.29% and a positive return on equity of 12.94%. As a group, sell-side analysts expect that Oxford Square Capital will post 0.82 earnings per share for the current year.

In other Oxford Square Capital news, COO Saul B. Rosenthal purchased 5,200 shares of the business’s stock in a transaction dated Wednesday, November 27th. The shares were bought at an average price of $5.17 per share, with a total value of $26,884.00. Following the completion of the acquisition, the chief operating officer now owns 1,206,891 shares in the company, valued at approximately $6,239,626.47. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Saul B. Rosenthal purchased 10,400 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were acquired at an average cost of $5.28 per share, for a total transaction of $54,912.00. Following the acquisition, the chief operating officer now owns 1,225,088 shares of the company’s stock, valued at approximately $6,468,464.64. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 27,096 shares of company stock valued at $142,179. 8.40% of the stock is currently owned by insiders.

Several analysts have recently weighed in on the company. Zacks Investment Research downgraded Oxford Square Capital from a “buy” rating to a “hold” rating in a research note on Tuesday, January 7th. ValuEngine upgraded Oxford Square Capital from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $5.33.

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.

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Dividend History for Oxford Square Capital (NASDAQ:OXSQ)

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