Oxford Lane Capital Corp. (OXLCO) To Go Ex-Dividend on August 17th

Oxford Lane Capital Corp. (NASDAQ:OXLCO) announced a monthly dividend on Thursday, May 14th. Investors of record on Monday, August 17th will be given a dividend of 0.125 per share on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Monday, August 17th.

Oxford Lane Capital Stock Performance

OXLCO stock opened at $23.97 on Friday. The firm has a 50 day simple moving average of $23.99 and a 200 day simple moving average of $23.76. Oxford Lane Capital has a 52 week low of $22.95 and a 52 week high of $24.98.

Institutional Investors Weigh In On Oxford Lane Capital

An institutional investor recently bought a new position in Oxford Lane Capital stock. NBC Securities Inc. bought a new stake in shares of Oxford Lane Capital Corp. (NASDAQ:OXLCO) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,267 shares of the company’s stock, valued at approximately $76,000.

Oxford Lane Capital Company Profile

Oxford Lane Capital is a closed-end management investment company that specializes in corporate credit and structured finance. The fund primarily invests in equity and debt tranches of collateralized loan obligations (CLOs) managed by established collateral managers. In addition to CLO exposures, the portfolio may include senior secured loans and select dividend-paying common and preferred equity securities to enhance yield and diversification.

Since commencing operations in 2013, Oxford Lane Capital has pursued a credit-focused strategy designed to capture income and capital appreciation through active portfolio management.