Oxford Lane Capital Corp. (NASDAQ:OXLC - Get Free Report) announced a dividend on Friday, January 24th, NASDAQ Dividends reports. Shareholders of record on Friday, May 16th will be paid a dividend of 0.09 per share by the investment management company on Friday, May 30th. The ex-dividend date is Friday, May 16th.
Oxford Lane Capital has raised its dividend by an average of 14.7% annually over the last three years.
Oxford Lane Capital Trading Down 0.1 %
Oxford Lane Capital stock traded down $0.01 during trading on Thursday, hitting $4.42. 2,230,976 shares of the company were exchanged, compared to its average volume of 5,033,155. The business's 50 day moving average is $4.79 and its 200 day moving average is $5.06. Oxford Lane Capital has a 52 week low of $3.91 and a 52 week high of $5.78. The company has a market capitalization of $1.53 billion, a P/E ratio of 5.33 and a beta of 0.84.
Oxford Lane Capital (NASDAQ:OXLC - Get Free Report) last released its quarterly earnings results on Monday, January 27th. The investment management company reported $0.28 earnings per share for the quarter, missing analysts' consensus estimates of $0.67 by ($0.39).
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.
Featured Articles
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
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
