Oxford Lane Capital Corp. (NASDAQ:OXLCN – Get Free Report) declared a monthly dividend on Thursday, November 5th. Stockholders of record on Thursday, December 17th will be given a dividend of $0.1484 per share on Thursday, December 31st. This represents a $1.78 annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Thursday, December 17th.
Oxford Lane Capital Price Performance
OXLCN opened at $24.52 on Friday. Oxford Lane Capital has a 12 month low of $23.93 and a 12 month high of $25.10. The stock has a fifty day moving average price of $24.44 and a 200-day moving average price of $24.57.
Oxford Lane Capital Company Profile
Oxford Lane Capital Corp. is a closed-end investment company that focuses on collateralized loan obligations (CLOs). Its portfolio includes CLO equity and debt securities, which are backed primarily by pools of corporate loans.
The company seeks to generate income and capital appreciation through investments across different parts of the CLO capital structure. Its exposure is tied to the leveraged-loan and CLO markets, including securities issued in the United States and other markets.
Oxford Lane was formed in 2010 and is externally managed by Oxford Lane Management, LLC.
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