Oxford Lane Capital Corp. (OXLCO) to Issue Monthly Dividend of $0.12 on August 31st

Oxford Lane Capital Corp. (NASDAQ:OXLCO) announced a monthly dividend on Thursday, May 14th. Shareholders of record on Monday, August 17th will be given a dividend of 0.125 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Monday, August 17th.

Oxford Lane Capital Trading Down 0.4%

Shares of Oxford Lane Capital stock opened at $23.97 on Friday. The company’s 50-day moving average price is $23.99 and its two-hundred day moving average price is $23.76. Oxford Lane Capital has a 52 week low of $22.95 and a 52 week high of $24.98.

Institutional Investors Weigh In On Oxford Lane Capital

A hedge fund recently bought a new position in Oxford Lane Capital stock. NBC Securities Inc. acquired a new position in shares of Oxford Lane Capital Corp. (NASDAQ:OXLCO) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,267 shares of the company’s stock, valued at approximately $76,000.

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.