Oxford Lane Capital Corp. (NASDAQ:OXLC – Get Free Report) announced a dividend on Thursday, October 24th,NASDAQ Dividends reports. Investors of record on Friday, January 17th will be given a dividend of 0.09 per share by the investment management company on Friday, January 31st. The ex-dividend date of this dividend 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 Price Performance
Shares of NASDAQ OXLC opened at $5.11 on Wednesday. The business’s 50-day moving average price is $5.20 and its two-hundred day moving average price is $5.30. Oxford Lane Capital has a one year low of $4.95 and a one year high of $5.78. The company has a market capitalization of $1.77 billion, a P/E ratio of 3.65 and a beta of 1.15.
Oxford Lane Capital Company Profile
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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