Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Free Report) declared a monthly dividend on Thursday, July 23rd. Stockholders of record on Friday, October 16th will be paid a dividend of $0.1250 per share on Friday, October 30th. This represents a $1.50 annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend is Friday, October 16th.
Oxford Lane Capital Price Performance
OXLCO opened at $23.55 on Wednesday. Oxford Lane Capital has a 1 year low of $23.07 and a 1 year high of $24.98. The company’s 50 day simple moving average is $23.82 and its 200 day simple moving average is $23.87.
Oxford Lane Capital Company Profile
Oxford Lane Capital Corp. is a closed-end management investment company focused primarily on investments in collateralized loan obligations (CLOs). CLOs are structured investment vehicles that generally hold diversified portfolios of senior secured corporate loans. Oxford Lane seeks to generate current income and long-term total returns through investments in CLO equity and debt tranches, with an emphasis on securities that offer exposure to the cash flows generated by underlying loan portfolios.
The company’s portfolio may include both broadly syndicated and middle-market CLOs.
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