Oxford Lane Capital Corp. (NASDAQ:OXLC - Get Free Report) declared a dividend on Friday, January 17th,investing.com reports. Investors of record on Monday, January 20th will be given a dividend of 0.09 per share by the investment management company on Friday, January 31st. This represents a yield of 21.26%. The ex-dividend date of this dividend is Friday, January 17th.
Oxford Lane Capital has raised its dividend payment by an average of 18.9% annually over the last three years.
Oxford Lane Capital Stock Down 1.4 %
Shares of Oxford Lane Capital stock traded down $0.07 during trading hours on Friday, reaching $5.08. 4,219,502 shares of the company's stock were exchanged, compared to its average volume of 5,149,551. The business has a fifty day moving average of $5.19 and a two-hundred day moving average of $5.30. The company has a market capitalization of $1.76 billion, a P/E ratio of 3.63 and a beta of 1.15. Oxford Lane Capital has a 1 year low of $4.95 and a 1 year high of $5.78.
Oxford Lane Capital Company Profile
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Oxford Lane Capital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oxford Lane Capital wasn't on the list.
While Oxford Lane Capital currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2025 and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
