Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Free Report) declared a monthly dividend on Thursday, November 5th. Shareholders of record on Friday, February 12th will be given a dividend of $0.1250 per share on Friday, February 26th. This represents a $1.50 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Friday, February 12th.
Oxford Lane Capital Trading Up 0.1%
Shares of OXLCO stock opened at $23.81 on Friday. Oxford Lane Capital has a one year low of $23.07 and a one year high of $24.98. The firm has a 50-day moving average of $23.67 and a 200-day moving average of $23.75.
About Oxford Lane Capital
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.
See Also
- Five stocks we like better than Oxford Lane Capital
- MarketBeat Week in Review – 11/2 – 11/6
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
- CVS Raised Its Outlook and Announced a Breakup—So Why Did the Stock Drop?
- Array and Shoals Are Merging: Who Really Wins the All-Stock Solar Deal?
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.
