Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Free Report) announced a monthly dividend on Thursday, November 5th. Stockholders of record on Friday, February 12th will be paid a dividend of $0.1250 per share on Friday, February 26th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Friday, February 12th.
Oxford Lane Capital Trading Up 0.2%
Shares of Oxford Lane Capital stock opened at $23.86 on Friday. Oxford Lane Capital has a 1 year low of $23.07 and a 1 year high of $24.98. The company has a 50 day simple moving average of $23.67 and a two-hundred day simple moving average of $23.75.
About Oxford Lane Capital
Oxford Lane Capital Corp. is a closed-end management investment company focused on collateralized loan obligations (CLOs), which pool leveraged loans and issue securities with different levels of risk and priority. The company invests primarily in CLO equity and debt securities.
Its investment strategy seeks income and total return by investing across CLO structures, including junior tranches that may be more sensitive to changes in loan performance and market conditions. The underlying loan portfolios are principally associated with the U.S.
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