OXSQ stock dividend – Oxford Square Capital Corp Declares 0.035 Cash Dividend
April 6, 2023
Dividends Yield
On April 2 2023, Oxford Square Capital ($NASDAQ:OXSQ) Corp (OXFORD SQUARE CAPITAL) declared a 0.035 cash dividend. This marks the fourth consecutive year of a steady annual dividend of 0.42 USD per share from 2022 to 2023 at a yield rate of 10.64%, making it an attractive option for dividend investors. The ex-dividend date is set at April 13 2023, making it an ideal time to invest in OXFORD SQUARE CAPITAL.
OXFORD SQUARE CAPITAL has been providing its shareholders with consistent dividends over the years and this dividend highlights the company’s commitment to providing a steady financial return to its shareholders. As such, it is an attractive option for investors looking to diversify their portfolio and add a reliable dividend stock.
Market Price
This dividend was declared from the company’s available funds and is expected to be quarterly. Following the announcement, OXFORD SQUARE CAPITAL stock opened at $3.2 and closed at $3.1, down 1.3% from its prior closing price of 3.2. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for OXSQ. More…
| Total Revenues | Net Income | Net Margin |
| -81.38 | -85.55 | 105.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for OXSQ. More…
| Operations | Investing | Financing |
| 20.37 | 3.45 | -20.37 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for OXSQ. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 327.99 | 189.32 | 2.78 |
Key Ratios Snapshot
Some of the financial key ratios for OXSQ are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -51.8% | – | – |
| FCF Margin | ROE | ROA |
| -25.0% | -35.0% | -16.3% |
Analysis – OXSQ Intrinsic Stock Value
At GoodWhale, we have carried out a thorough analysis of the fundamentals of OXFORD SQUARE CAPITAL. In line with our proprietary Valuation Line, our analysis has generated a fair value price of around $2.9 for the company’s stock. Currently, OXFORD SQUARE CAPITAL stock is trading at a price of $3.1, which is overvalued by 6.3%. It is worth noting that this is still within the range of reasonable valuations, and should be seen as a reflection of the market’s current optimism towards OXFORD SQUARE CAPITAL’s prospects. More…
Peers
Oxford Square Capital Corp, Princeton Capital Corp, Ares Capital Corp, and OFS Capital Corp are all private equity firms. They compete for the same deals and usually invest in the same types of companies.
– Princeton Capital Corp ($OTCPK:PIAC)
Princeton Capital Corp is a publicly traded company with a market capitalization of $42.17 million as of 2022. The company has a negative return on equity of -2.24%. Princeton Capital Corp is a financial services company that provides a range of services including investment banking, asset management, and merchant banking.
– Ares Capital Corp ($NASDAQ:ARCC)
Ares Capital Corporation is a closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. Ares Capital makes investments primarily in middle-market companies in the U.S. and Europe through senior secured loans, mezzanine debt, and equity investments.
– OFS Capital Corp ($NASDAQ:OFS)
PFS Capital Corp’s market cap as of 2022 is 139.96M. The company’s ROE is 2.34%. PFS Capital Corp is a financial services company that provides investment banking and capital markets services to small and medium-sized enterprises.
Summary
Oxford Square Capital is a profitable and reliable investment opportunity for investors looking for steady returns. With a dividend yield of 10.64%, it has been providing a steady annual dividend of 0.42 USD per share for the last three years.
In addition, the company’s financials are sound, and its performance is solid. Its balance sheet is healthy, with low debt levels and solid cash flow. Its revenue growth is consistent, and its operating margin is above the industry average. Oxford Square Capital’s management also has a strong track record of capital allocation, with strategic acquisitions and divestments providing additional value to shareholders.
