Oxford Square Capital Corp. Declares Common Stock Distributions for the Months Ending October 31, November 30, and December 31, 2020
Oxford Square Capital Corp. (OXSQ, OXSQL, OXSQZ) has announced a monthly common stock distribution of $0.035 per share for October, November, and December 2020.
Sentiment and the balance of points
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Rhea-AI Summary
Oxford Square Capital Corp. (OXSQ, OXSQL, OXSQZ) has announced a monthly common stock distribution of $0.035 per share for October, November, and December 2020. Shareholders of record will receive these distributions following specific record and payment dates. The distributions reflect the company’s ongoing commitment but do not indicate future levels of distributions. The company primarily invests in syndicated bank loans and collateralized loan obligation vehicles, navigating challenges such as COVID-19 and market volatility.
Positive
- Monthly common stock distribution of $0.035 per share for Q4 2020.
- Commitment to shareholder returns through consistent distributions.
Negative
- Future distributions are not guaranteed, indicating potential uncertainty.
- Market volatility and COVID-19 may negatively impact business performance.
Details
News Market Reaction – OXSQ
The recorded move for OXSQ in the trading session of this news was +0.39%.
Data tracked by StockTitan Argus. Session date unavailable.
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GREENWICH, Conn., Sept. 14, 2020 (GLOBE NEWSWIRE) -- Oxford Square Capital Corp. (NasdaqGS: OXSQ) (NasdaqGS: OXSQL) (NasdaqGS: OXSQZ) (the “Company,” “we,” “us” or “our”) announced today that its Board of Directors has declared monthly common stock distributions of
The following schedule applies to the distributions for common stockholders of record on the close of business of each specific record date:
| Period Ending | Record Date | Payment Date | Amount Per Share | |
| October 31, 2020 | October 16, 2020 | October 30, 2020 | ||
| November 30, 2020 | November 13, 2020 | November 30, 2020 | ||
| December 31, 2020 | December 16, 2020 | December 31, 2020 | ||
About Oxford Square Capital Corp.
Oxford Square Capital Corp. is a publicly-traded business development company principally investing in syndicated bank loans and debt and equity tranches of collateralized loan obligation (“CLO”) vehicles. CLO investments may also include warehouse facilities, which are financing structures intended to aggregate loans that may be used to form the basis of a CLO vehicle.
Forward-Looking Statements
This press release contains forward-looking statements subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statements of historical fact (including statements containing the words “believes,” “plans,” “anticipates,” “expects,” “estimates” and similar expressions) should also be considered to be forward-looking statements. These statements are not guarantees of future performance, conditions or results and involve a number of risks and uncertainties, including the impact of COVID-19 and related changes in base interest rates and significant market volatility on our business, our portfolio companies, our industry and the global economy. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements. These factors are identified from time to time in our filings with the Securities and Exchange Commission. We undertake no obligation to update such statements to reflect subsequent events, except as may be required by law.
Contact:
Bruce Rubin
203-983-5280
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