Key Highlights

  • Oxford Square declared monthly common stock distributions of $0.035 per share for October, November and December 2026 on July 29.
  • The October distribution is payable on October 30, 2026, to holders of record on October 16.
  • Second-quarter net investment income was $0.05 per share, and net asset value was $1.29 per share at June 30, 2026.
  • Total distributions per share in the second quarter were $0.105, which the release presents as $0.11 due to rounding.

Oxford Square Capital Corp. (NASDAQ:OXSQ), a business development company that invests principally in syndicated bank loans, declared monthly distributions of $0.035 per share for October, November and December 2026. The October distribution is payable on October 30 to holders of record on October 16. Second-quarter net investment income was $0.05 per share, and total distributions per share were $0.105.

Dividend Program and Shareholder Returns

On July 29, 2026, the board declared distributions on the common stock of $0.035 per share for each of the months ending October, November and December 2026. The October distribution has a record date of October 16 and a payment date of October 30. The November distribution has a record date of November 16 and a payment date of November 30. The December distribution has a record date of December 17 and a payment date of December 31.

Total distributions per share in the second quarter were $0.105, shown as $0.11 per share in the release due to rounding.

About the Company

Oxford Square Capital Corp. is a publicly traded business development company principally investing in syndicated bank loans, and, to a lesser extent, debt and equity tranches of collateralized loan obligation vehicles. Its common stock trades on the Nasdaq Global Select Market under the symbol OXSQ. Net assets were $135,027,945 at June 30, 2026.

Financial Performance Behind the Payout

Second-quarter total investment income was approximately $9.4 million, compared with $9,522,181 in the second quarter of 2025. Net investment income was approximately $5.1 million, or $0.05 per share, compared with $0.08 per share a year earlier. The net increase in net assets from operations was approximately $4.0 million.

Net realized losses were approximately $5.2 million, and net unrealized appreciation was approximately $4.1 million. Net asset value per share was $1.29 at June 30, 2026, down $0.03 from $1.32 at March 31.

The weighted average yield on debt investments was 14.9% at current cost. The weighted average effective yield on CLO equity investments was 8.1% at current cost, and the cash distribution yield on cash-income-producing CLO equity was 12.4%, compared with 13.6% at March 31. The weighted average credit rating was 2.1 on a fair value basis, compared with 2.2 at March 31.

Share Issuance and Portfolio Activity

During the second quarter, Oxford Square issued approximately 11.3 million shares of common stock through its at-the-market offering, with net proceeds of approximately $17.8 million.

It purchased approximately $19.9 million of investments and received approximately $0.5 million of repayments. No sales were made during the quarter. Non-accrual preferred equity investments had a fair value of approximately $6.9 million.

Outlook

Oxford Square has declared monthly distributions of $0.035 per share through December 2026.

Net investment income per share, net asset value, cash distributions from CLO equity, the weighted average credit rating and the board’s monthly declarations are the relevant factors for the distributions.