Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL – Get Free Report) declared a quarterly dividend on Sunday, February 15th. Investors of record on Sunday, March 15th will be paid a dividend of 0.4219 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend is Friday, March 13th.
Oxford Lane Capital Corp. 6.75% Notes due 2031 Trading Up 0.1%
OXLCL traded up $0.03 on Friday, hitting $24.11. 1,951 shares of the stock were exchanged, compared to its average volume of 4,533. Oxford Lane Capital Corp. 6.75% Notes due 2031 has a 12 month low of $22.75 and a 12 month high of $24.66. The business has a 50-day moving average of $24.16 and a two-hundred day moving average of $23.94.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Oxford Lane Capital Corp. 6.75% Notes due 2031 stock. Karpus Management Inc. bought a new position in shares of Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 38,367 shares of the company’s stock, valued at approximately $924,000.
About Oxford Lane Capital Corp. 6.75% Notes due 2031
Oxford Lane Capital Corp. is a closed-end management investment company organized under the Investment Company Act of 1940 and listed on the Nasdaq Global Market. The firm focuses on generating attractive risk-adjusted returns primarily through investments in U.S. consumer credit asset-backed securities and corporate loans. Its portfolio typically includes collateralized loan obligations (CLOs), collateralized debt obligations (CDOs), and other structured finance instruments secured by auto loans, credit card receivables, personal loans and similar consumer assets.
Since its initial public offering in 2012, Oxford Lane Capital has sought to capitalize on opportunities in the U.S.
Further Reading
- Five stocks we like better than Oxford Lane Capital Corp. 6.75% Notes due 2031
- Your Bank Account Is No Longer Safe
- Nvidia CEO Issues Bold Tesla Call
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- The day the gold market broke
Receive News & Ratings for Oxford Lane Capital Corp. 6.75% Notes due 2031 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Lane Capital Corp. 6.75% Notes due 2031 and related companies with MarketBeat.com's FREE daily email newsletter.
