Oxford Lane Capital Corp. (NASDAQ:OXLC – Get Free Report) announced a dividend on Friday, January 24th, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 16th will be paid a dividend of 0.09 per share by the investment management company on Wednesday, April 30th. The ex-dividend date is Wednesday, April 16th.
Oxford Lane Capital has raised its dividend by an average of 14.7% annually over the last three years.
Oxford Lane Capital Trading Up 0.7 %
Shares of NASDAQ OXLC opened at $4.43 on Monday. The company has a fifty day moving average price of $4.83 and a 200 day moving average price of $5.07. Oxford Lane Capital has a 1-year low of $3.91 and a 1-year high of $5.78. The firm has a market cap of $1.53 billion, a PE ratio of 5.34 and a beta of 0.84.
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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