Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Free Report) declared a monthly dividend on Thursday, May 14th. Investors of record on Friday, July 17th will be paid a dividend of 0.125 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Friday, July 17th.
Oxford Lane Capital Price Performance
OXLCO stock 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 business has a fifty day moving average of $24.00 and a two-hundred 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.
Further Reading
- Five stocks we like better than Oxford Lane Capital
- Marriott vs. Viking: Why the Better Quarter Doesn’t Mean the Better Decade
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
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.
