Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Free Report) announced a monthly dividend on Thursday, July 23rd. Investors of record on Friday, October 16th will be paid a dividend of $0.1250 per share on Friday, October 30th. This represents a $1.50 annualized dividend and a dividend yield of 6.4%. The ex-dividend date is Friday, October 16th.
Oxford Lane Capital Price Performance
OXLCO opened at $23.55 on Wednesday. The stock has a fifty day moving average price of $23.82 and a 200 day moving average price of $23.87. Oxford Lane Capital has a 1 year low of $23.07 and a 1 year high of $24.98.
About Oxford Lane Capital
Oxford Lane Capital Corp. is a closed-end management investment company focused primarily on investments in collateralized loan obligations (CLOs). CLOs are structured investment vehicles that generally hold diversified portfolios of senior secured corporate loans. Oxford Lane seeks to generate current income and long-term total returns through investments in CLO equity and debt tranches, with an emphasis on securities that offer exposure to the cash flows generated by underlying loan portfolios.
The company’s portfolio may include both broadly syndicated and middle-market CLOs.
Recommended Stories
- Five stocks we like better than Oxford Lane Capital
- Tax Credit Turmoil: Why Enphase and SolarEdge Face a Tough Road
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
Receive News & Ratings for Oxford Lane Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Lane Capital and related companies with MarketBeat.com's FREE daily email newsletter.
