About Oxford Square Capital Corp. 6.50% NT 24 (OXSQL) — Dividend Analysis 2026
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. The firm primarily invests in debt and/or equity securities of technology-related companies that operate in the computer software, Internet, information technology infrastructure and services, media, telecommunications and telecommunications equipment, semiconductors, hardware, technology-enabled services, semiconductor capital equipment, medical device technology, diversified technology, and networking systems sectors. It concentrates its investments in companies having annual revenues of less than $200 million and a market capitalization or enterprise value of less than $300 million. The firm invests between $5 million and $30 million per transaction. It seeks to exit its investments within 7 years. It serves as the investment adviser to TICC. Oxford Square Capital Corp., formerly known as TICC Capital Corp., was founded in 2003 and is headquartered in Greenwich, Connecticut.
Is OXSQL a good dividend investment in 2026?
OXSQL offers a 5.09% forward yield with a 50% payout ratio. Strand Safety Score: 30/100 (High Risk). The 5-year dividend CAGR of -32.7% is modest — investors should weigh current income against growth alternatives.
OXSQL DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your OXSQL portfolio grows to $37.8K vs $36.2K without reinvestment. This is the compound interest effect in action.
OXSQL dividend growth history & forecast
OXSQL has grown its dividend by 0% over the last year and -32.7% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 5.09%.
Company not generating EBITDA — debt servicing risk is elevated
Earnings Momentum-0.0B → +0.0B → +0.0B
0 / 30 pts
0/30
Company is reporting net losses — dividend sustainability is in question
OVERALL ASSESSMENT
Dividend sustainability questionable — consider alternative income stocks.
STRAND SCORE
30
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 OXSQL Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold OXSQL.
Gross yield
5.09%
Tax rate
15.00%
After-tax yield
4.33%
Real yield (−CPI)
1.53%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
5.09%
2.29%
$509 / yr
🇺🇸 US Taxable (15%) ✓
15%
4.33%
1.53%
$433 / yr
🇺🇸 US Taxable (20%)
20%
4.07%
1.27%
$407 / yr
🇬🇧 UK ISA
0%
5.09%
2.29%
$509 / yr
🇬🇧 UK Taxable
8.75%
4.64%
1.84%
$464 / yr
🇨🇦 TFSA
0%
5.09%
2.29%
$509 / yr
🇨🇦 CA Taxable
25%
3.82%
1.02%
$382 / yr
🇦🇺 Super (pension)
15%
4.33%
1.53%
$433 / yr
🇦🇺 AU Taxable
30%
3.56%
0.76%
$356 / yr
🇩🇪 DE Taxable
26.375%
3.75%
0.95%
$375 / yr
🇫🇷 FR Taxable
30%
3.56%
0.76%
$356 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 OXSQL Income Goal & Break-Even
Dividend Break-Even
50yr+
Years for dividends to fully repay your OXSQL investment of $25.32/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$898.31
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$-1573.98
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in OXSQL for:
Shares needed
21,910
Capital required
$554,761
Monthly income
$2,000
Based on current dividend of $1.29/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 OXSQL Dividend Payment Schedule
OXSQL pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$2.74 / payment
$10.95 / year after tax
100 shares
$27.39 / payment
$109.54 / year after tax
1,000 shares
$273.86 / payment
$1095.44 / year after tax
📊 OXSQL vs Financial Services Benchmarks
How OXSQL compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+2.19% vs sectorBetter
OXSQL
5.09%
avg
2.90%
5Y Dividend CAGR▼-39.80% vs sectorBelow avg
OXSQL
-32.70%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
OXSQL
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for OXSQL sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ OXSQL Insider Activity
No recent SEC filings reported in the last 90 days.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the OXSQL dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →