Oxford Lane Capital Corp. (NASDAQ:OXLCP) Announces Monthly Dividend of $0.13

Oxford Lane Capital Corp. (NASDAQ:OXLCP) declared a monthly dividend on Friday, October 24th. Shareholders of record on Friday, January 16th will be paid a dividend of 0.1302 per share on Friday, January 30th. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Friday, January 16th.

Oxford Lane Capital Stock Up 0.3%

Shares of OXLCP stock opened at $24.71 on Wednesday. Oxford Lane Capital has a 1-year low of $23.75 and a 1-year high of $24.97. The company has a 50-day moving average of $24.58 and a two-hundred day moving average of $24.48.

About Oxford Lane Capital

Oxford Lane Capital Corp is a closed‐end, externally managed registered investment company listed on the NASDAQ under the ticker symbol OXLCP. The firm’s primary objective is to generate high current income and capital appreciation potential by investing in collateralized loan obligations (CLOs). It employs a hybrid investment strategy that includes both debt and equity tranches of U.S. senior secured loans, providing investors with exposure to floating‐rate assets that can adjust with interest‐rate movements.

The company’s portfolio is predominantly comprised of equity and debt tranches of newly issued and seasoned CLOs managed by established asset managers.