Oxford Square Capital (NASDAQ:OXSQ) Issues Earnings Results, Meets Expectations

Oxford Square Capital (NASDAQ:OXSQ) released its quarterly earnings data on Tuesday. The company reported $0.13 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.13, Zacks reports. Oxford Square Capital had a net margin of 18.57% and a return on equity of 17.71%. The company had revenue of $11.45 million during the quarter. During the same period last year, the firm earned $0.13 earnings per share.

Oxford Square Capital Trading Down 0.3 %

Shares of NASDAQ:OXSQ traded down $0.01 on Thursday, reaching $3.05. The company had a trading volume of 265,172 shares, compared to its average volume of 258,188. The firm has a market capitalization of $191.27 million, a PE ratio of 18.00 and a beta of 1.11. Oxford Square Capital has a 52-week low of $2.82 and a 52-week high of $3.29. The firm’s 50 day simple moving average is $2.99 and its 200-day simple moving average is $3.08.

Oxford Square Capital Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a dividend of $0.035 per share. The ex-dividend date is Friday, November 15th. This represents a $0.42 annualized dividend and a yield of 13.77%. Oxford Square Capital’s dividend payout ratio (DPR) is presently 247.07%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Oxford Square Capital from a “sell” rating to a “hold” rating in a research note on Wednesday.

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.