Oxford Lane Capital Corp. (NASDAQ:OXLCP – Get Free Report) announced a monthly dividend on Thursday, January 29th. Investors of record on Friday, May 15th will be paid a dividend of 0.1302 per share on Friday, May 29th. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Friday, May 15th.
Oxford Lane Capital Stock Performance
OXLCP stock opened at $24.67 on Friday. Oxford Lane Capital has a 1 year low of $23.75 and a 1 year high of $24.97. The stock’s fifty day moving average price is $24.62 and its 200-day moving average price is $24.51.
About Oxford Lane Capital
Oxford Lane Capital Corp is a closed?end, externally managed registered investment company listed on the NASDAQ under the ticker symbol OXLCP. The firm’s primary objective is to generate high current income and capital appreciation potential by investing in collateralized loan obligations (CLOs). It employs a hybrid investment strategy that includes both debt and equity tranches of U.S. senior secured loans, providing investors with exposure to floating?rate assets that can adjust with interest?rate movements.
The company’s portfolio is predominantly comprised of equity and debt tranches of newly issued and seasoned CLOs managed by established asset managers.
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