Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Free Report) announced a monthly dividend on Thursday, July 23rd. Shareholders of record on Wednesday, September 16th will be given a dividend of 0.125 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend is Wednesday, September 16th.
Oxford Lane Capital Price Performance
OXLCO opened at $23.79 on Monday. The company’s 50 day simple moving average is $24.00 and its two-hundred day simple moving average is $23.82. Oxford Lane Capital has a 1-year low of $23.07 and a 1-year high of $24.98.
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.
Further Reading
- Five stocks we like better than Oxford Lane Capital
- Smart Money Shifts: U.S. Bancorp Pairs Tech With Yield
- Why Bitcoin ETFs May Be Worth Another Look as Inflows Rebound
- 3 Small-Cap Biotechs With Binary Catalysts on the Calendar
- Planet Labs Has Fallen Back to Earth, But Wall Street Still Sees a Rebound
Receive News & Ratings for Oxford Lane Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Lane Capital and related companies with MarketBeat.com's FREE daily email newsletter.
