Oxford Lane Capital Corp. (OXLCO) To Go Ex-Dividend on September 16th

Oxford Lane Capital Corp. (NASDAQ:OXLCO) announced a monthly dividend on Thursday, July 23rd. Stockholders of record on Wednesday, September 16th will be paid a dividend of 0.125 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Wednesday, September 16th.

Oxford Lane Capital Trading Up 0.0%

OXLCO opened at $23.79 on Monday. The company’s 50-day moving average price is $24.00 and its 200 day moving average price is $23.82. Oxford Lane Capital has a fifty-two week low of $23.07 and a fifty-two week high of $24.98.

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.