Oxford Lane Capital Corp. (NASDAQ:OXLCN – Get Free Report) declared a monthly dividend on Thursday, November 5th. Investors of record on Thursday, December 17th will be paid a dividend of $0.1484 per share on Thursday, December 31st. This represents a $1.78 annualized dividend and a dividend yield of 7.3%. The ex-dividend date of this dividend is Thursday, December 17th.
Oxford Lane Capital Stock Performance
NASDAQ OXLCN opened at $24.52 on Friday. Oxford Lane Capital has a fifty-two week low of $23.93 and a fifty-two week high of $25.10. The stock has a 50-day simple moving average of $24.44 and a two-hundred day simple moving average of $24.57.
Oxford Lane Capital Company Profile
Oxford Lane Capital Corp. is a closed-end investment company that focuses on collateralized loan obligations (CLOs). Its portfolio includes CLO equity and debt securities, which are backed primarily by pools of corporate loans.
The company seeks to generate income and capital appreciation through investments across different parts of the CLO capital structure. Its exposure is tied to the leveraged-loan and CLO markets, including securities issued in the United States and other markets.
Oxford Lane was formed in 2010 and is externally managed by Oxford Lane Management, LLC.
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