Oxford Lane Capital Corp. (NASDAQ:OXLC - Get Free Report) announced a dividend on Thursday, October 24th,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.09 per share by the investment management company on Friday, February 28th. The ex-dividend date is Friday, February 14th.
Oxford Lane Capital has increased its dividend payment by an average of 18.9% per year over the last three years.
Oxford Lane Capital Stock Up 1.0 %
Shares of NASDAQ:OXLC traded up $0.05 on Wednesday, reaching $5.16. 4,259,577 shares of the company's stock were exchanged, compared to its average volume of 5,093,380. Oxford Lane Capital has a fifty-two week low of $4.95 and a fifty-two week high of $5.78. The business's 50-day moving average is $5.20 and its two-hundred day moving average is $5.30. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of 3.69 and a beta of 1.15.
Oxford Lane Capital Company Profile
(
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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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