Oxford Lane Capital (NASDAQ:OXLC - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Friday, January 24th. Analysts expect Oxford Lane Capital to post earnings of $0.67 per share and revenue of $183,420.00 billion for the quarter.
Oxford Lane Capital Stock Down 0.2 %
Shares of NASDAQ:OXLC traded down $0.01 during midday trading on Wednesday, reaching $5.06. The company's stock had a trading volume of 3,988,201 shares, compared to its average volume of 5,058,438. The business has a 50 day moving average price of $5.16 and a 200 day moving average price of $5.29. Oxford Lane Capital has a 1 year low of $4.95 and a 1 year high of $5.78. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 3.61 and a beta of 1.15.
Oxford Lane Capital Dividend Announcement
The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, January 20th will be issued a dividend of $0.09 per share. The ex-dividend date is Friday, January 17th. This represents a dividend yield of 21.26%. Oxford Lane Capital's payout ratio is currently 73.57%.
About Oxford Lane Capital
(
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.
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