Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Free Report) declared a monthly dividend on Thursday, July 23rd. Shareholders of record on Friday, October 16th will be given a dividend of $0.1250 per share on Friday, October 30th. This represents a $1.50 annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Friday, October 16th.
Oxford Lane Capital Price Performance
Oxford Lane Capital stock opened at $23.55 on Wednesday. Oxford Lane Capital has a one year low of $23.07 and a one year high of $24.98. The company’s fifty day moving average price is $23.82 and its two-hundred day moving average price is $23.87.
About Oxford Lane Capital
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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