Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Free Report) declared a monthly dividend on Thursday, May 14th. Shareholders of record on Friday, July 17th will be given a dividend of 0.125 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend is Friday, July 17th.
Oxford Lane Capital Trading Down 0.1%
Shares of OXLCO opened at $24.25 on Wednesday. Oxford Lane Capital has a 52 week low of $22.95 and a 52 week high of $24.98. The stock has a 50 day moving average of $24.00 and a 200-day moving average of $23.68.
Oxford Lane Capital Company Profile
Oxford Lane Capital is a closed-end management investment company that specializes in corporate credit and structured finance. The fund primarily invests in equity and debt tranches of collateralized loan obligations (CLOs) managed by established collateral managers. In addition to CLO exposures, the portfolio may include senior secured loans and select dividend-paying common and preferred equity securities to enhance yield and diversification.
Since commencing operations in 2013, Oxford Lane Capital has pursued a credit-focused strategy designed to capture income and capital appreciation through active portfolio management.
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