Oxford Lane Capital Corp. (OXLCP) To Go Ex-Dividend on February 13th

Oxford Lane Capital Corp. (NASDAQ:OXLCP) declared a monthly dividend on Friday, October 24th. Investors of record on Friday, February 13th will be paid a dividend of 0.1302 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Friday, February 13th.

Oxford Lane Capital Price Performance

Oxford Lane Capital stock traded up $0.03 during midday trading on Wednesday, reaching $24.76. The company’s stock had a trading volume of 2,953 shares, compared to its average volume of 6,018. Oxford Lane Capital has a fifty-two week low of $23.75 and a fifty-two week high of $24.97. The stock’s 50 day simple moving average is $24.65 and its 200 day simple moving average is $24.53.

Oxford Lane Capital Company Profile

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.