5 Penny Stocks that Pay Dividends

2. Oxford Square Capital Corp. (NASDAQ:OXSQ)

Number of Hedge Fund Holders: 5

Dividend Yield: 10%

Oxford Square Capital Corp. (NASDAQ:OXSQ), a business development company, invests in public and private companies and secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock, and syndicated bank loans.

Five out of 867 hedge funds held stakes in Oxford Square Capital Corp. (NASDAQ:OXSQ) in the third quarter, worth $3.4 million. In comparison, three out of 873 hedge funds held stakes in the company in the previous quarter, worth $5.8 million.