Oxford Lane Capital Corp. (NASDAQ:OXLCN – Get Free Report) announced a monthly dividend on Thursday, November 5th. Shareholders of record on Friday, January 15th will be given a dividend of $0.1484 per share on Friday, January 29th. This represents a $1.78 dividend on an annualized basis and a yield of 7.3%. The ex-dividend date is Friday, January 15th.
Oxford Lane Capital Price Performance
Shares of NASDAQ:OXLCN opened at $24.52 on Friday. The stock’s 50-day moving average is $24.44 and its 200-day moving average is $24.57. Oxford Lane Capital has a 52-week low of $23.93 and a 52-week high of $25.10.
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.
Read More
- Five stocks we like better than Oxford Lane Capital
- Riot’s $28B Lease Shows Why Location and Contracts Matter in AI
- These 3 Underperforming Stocks Are Seeing Notable CEO Insider Trades
- GE Aerospace Has a $170 Billion Backlog, But Is the Stock Worth the Premium?
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
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.
