Oxford Lane Capital Corp. (NASDAQ:OXLC – Get Free Report) declared a dividend on Thursday, October 24th,NASDAQ Dividends reports. Stockholders of record on Friday, January 17th will be paid a dividend of 0.09 per share by the investment management company on Friday, January 31st. The ex-dividend date is Friday, January 17th.
Oxford Lane Capital has increased its dividend by an average of 18.9% per year over the last three years.
Oxford Lane Capital Trading Up 0.6 %
OXLC opened at $5.11 on Wednesday. The stock has a market capitalization of $1.77 billion, a P/E ratio of 3.65 and a beta of 1.15. The stock has a 50-day moving average price of $5.20 and a 200-day moving average price of $5.30. Oxford Lane Capital has a 12-month low of $4.95 and a 12-month high of $5.78.
About Oxford Lane Capital
Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated.
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