Oxford Lane Capital Corp. (NASDAQ:OXLCM – Get Free Report) declared a monthly dividend on Thursday, November 5th. Stockholders of record on Thursday, December 17th will be given a dividend of $0.1719 per share on Thursday, December 31st. This represents a $2.06 annualized dividend and a dividend yield of 8.4%. The ex-dividend date of this dividend is Thursday, December 17th.
Oxford Lane Capital Stock Performance
NASDAQ:OXLCM opened at $24.62 on Friday. The stock’s fifty day moving average is $24.94 and its 200 day moving average is $25.00. Oxford Lane Capital has a fifty-two week low of $24.35 and a fifty-two week high of $25.48.
About Oxford Lane Capital
Oxford Lane Capital Corp. is a publicly traded, closed-end investment company focused primarily on collateralized loan obligation (CLO) securities. Its portfolio consists mainly of CLO equity and junior debt tranches, which represent different levels of risk and potential returns within CLO structures.
CLOs typically hold diversified portfolios of senior secured loans, largely to below-investment-grade companies. Oxford Lane’s investments therefore provide exposure to the leveraged-loan market, primarily in the United States.
Oxford Lane Capital is externally managed by Oxford Lane Management, LLC.
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