Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Free Report) announced a monthly dividend on Thursday, November 5th. Stockholders of record on Friday, January 15th will be paid a dividend of $0.1250 per share on Friday, January 29th. This represents a $1.50 annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Friday, January 15th.
Oxford Lane Capital Trading Up 0.2%
Shares of NASDAQ:OXLCO opened at $23.86 on Friday. The company has a 50 day moving average of $23.67 and a 200-day moving average of $23.75. Oxford Lane Capital has a one year low of $23.07 and a one year high of $24.98.
About Oxford Lane Capital
Oxford Lane Capital Corp. is a closed-end management investment company focused on collateralized loan obligations (CLOs), which pool leveraged loans and issue securities with different levels of risk and priority. The company invests primarily in CLO equity and debt securities.
Its investment strategy seeks income and total return by investing across CLO structures, including junior tranches that may be more sensitive to changes in loan performance and market conditions. The underlying loan portfolios are principally associated with the U.S.
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