Oxford Lane Capital (OXLC) Projected to Post Quarterly Earnings on Friday

Oxford Lane Capital (NASDAQ:OXLC - Get Free Report) is anticipated to post 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 Price Performance

NASDAQ:OXLC traded up $0.02 during trading hours on Friday, reaching $5.08. The company had a trading volume of 4,147,929 shares, compared to its average volume of 5,120,151. Oxford Lane Capital has a 1-year low of $4.95 and a 1-year high of $5.78. The business's 50 day moving average price is $5.19 and its 200-day moving average price is $5.30. The firm has a market cap of $1.76 billion, a PE ratio of 3.63 and a beta of 1.15.

Oxford Lane Capital Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, January 31st. Investors of record on Monday, January 20th will be paid a $0.09 dividend. This represents a dividend yield of 20.97%. The ex-dividend date is Friday, January 17th. Oxford Lane Capital's dividend payout ratio is currently 73.57%.

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.