Oxford Lane Capital Corp. (OXLCO) To Go Ex-Dividend on February 13th

Oxford Lane Capital Corp. (NASDAQ:OXLCO) announced a monthly dividend on Friday, October 24th. Shareholders of record on Friday, February 13th will be given a dividend of 0.125 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date is Friday, February 13th.

Oxford Lane Capital Stock Performance

OXLCO stock traded down $0.15 during midday trading on Wednesday, hitting $23.49. The company’s stock had a trading volume of 802 shares, compared to its average volume of 2,504. The firm has a 50-day simple moving average of $23.52 and a 200-day simple moving average of $23.38. Oxford Lane Capital has a 52-week low of $22.28 and a 52-week high of $24.01.

About Oxford Lane Capital

Oxford Lane Capital is a closed-end management investment company that specializes in corporate credit and structured finance. The fund primarily invests in equity and debt tranches of collateralized loan obligations (CLOs) managed by established collateral managers. In addition to CLO exposures, the portfolio may include senior secured loans and select dividend-paying common and preferred equity securities to enhance yield and diversification.

Since commencing operations in 2013, Oxford Lane Capital has pursued a credit-focused strategy designed to capture income and capital appreciation through active portfolio management.