Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Free Report) declared a monthly dividend on Tuesday, May 19th. Stockholders 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 dividend yield of 6.3%. The ex-dividend date is Friday, July 17th.
Oxford Lane Capital Stock Performance
Shares of Oxford Lane Capital stock opened at $23.65 on Wednesday. The company has a fifty day simple moving average of $23.61 and a 200-day simple moving average of $23.51. Oxford Lane Capital has a 12-month low of $22.58 and a 12-month high of $24.98.
About Oxford Lane Capital
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.
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