Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Free Report) announced a monthly dividend on Thursday, November 5th. Stockholders of record on Thursday, December 17th will be paid a dividend of $0.1250 per share on Thursday, December 31st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Thursday, December 17th.
Oxford Lane Capital Price Performance
NASDAQ:OXLCO opened at $23.86 on Friday. Oxford Lane Capital has a twelve month low of $23.07 and a twelve month high of $24.98. The company’s 50-day moving average price is $23.67 and its 200-day moving average price is $23.75.
Oxford Lane Capital Company Profile
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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