Oxford Square Capital Corp.
OXSQFinancial Services · Stock · monthly payer
Forward Yield
28.97%
Annual Dividend
$0.42
Payout Ratio
467%
5-Yr Growth
-7.3%
Ex-Date
Aug 17, 2026
Frequency
Monthly
Summary
As of July 2026, Oxford Square Capital Corp. (OXSQ) yields 28.97% ($0.42 per share annually), with a blended fair-value estimate of $2.56 — +76% upside, so it screens as undervalued. Dividend safety grade: D (49/100).
Is OXSQ a good dividend stock?
MixedOxford Square Capital Corp. (OXSQ) pays a monthly dividend yielding 28.97% ($0.42/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2021
- Elevated payout ratio (467%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 28.97%
- Payout Ratio
- 467%
- Annual Dividend
- $0.42
- 5-Yr Avg Growth
- -7.3%
- Ex-Dividend Date
- Aug 17, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.39
- Market Cap
- $154.4M
- P/E Ratio
- —
- 5-Yr Total Return
- -67%
- 52-Week Range
- $1.05 – $2.42
- Dividend Safety
- D · 49/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
OXSQ Price — Last 12 Months
Daily close
Price Return
1 Year
-33%
3 Years
-53%
5 Years
-67%
52-Week Range
$1.05 – $2.42
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is OXSQ worth?
Undervaluedlow confidenceOur blended fair-value estimate for Oxford Square Capital Corp. is $2.56 per share, versus a market price of $1.46. That implies 76% of upside — a margin of safety of about 43%.
Fair Value
$2.56
Current Price
$1.46
Upside
+76%
Margin of Safety
43%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, -$0.42 EPS, $0.42 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
OXSQ Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 17, 2026 | — | $0.0350 | regular |
| Jun 16, 2026 | — | $0.0350 | regular |
| May 15, 2026 | — | $0.0350 | regular |
| Apr 16, 2026 | — | $0.0350 | regular |
| Mar 17, 2026 | — | $0.0350 | regular |
| Feb 13, 2026 | — | $0.0350 | regular |
| Jan 16, 2026 | — | $0.0350 | regular |
| Dec 17, 2025 | — | $0.0350 | regular |
| Nov 14, 2025 | — | $0.0350 | regular |
| Oct 17, 2025 | — | $0.0350 | regular |
| Sep 16, 2025 | — | $0.0350 | regular |
| Aug 15, 2025 | — | $0.0350 | regular |
| Jul 17, 2025 | — | $0.0350 | regular |
| Jun 16, 2025 | — | $0.0350 | regular |
Income Calculator
At $0.42 / yr per share
