Oxford Lane Capital Corp. (OXLCO) To Go Ex-Dividend on April 16th

Oxford Lane Capital Corp. (NASDAQ:OXLCO) declared a monthly dividend on Thursday, January 29th. Shareholders of record on Thursday, April 16th will be given a dividend of 0.125 per share on Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend is Thursday, April 16th.

Oxford Lane Capital Price Performance

Oxford Lane Capital stock opened at $23.71 on Tuesday. The company’s 50 day moving average price is $23.41 and its two-hundred day moving average price is $23.42. Oxford Lane Capital has a 52 week low of $22.28 and a 52 week high of $24.01.

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.