Oxford Lane Capital Corp. (NASDAQ:OXLCO) Declares Monthly Dividend of $0.13

Oxford Lane Capital Corp. (NASDAQ:OXLCO) announced a monthly dividend on Thursday, January 29th. Stockholders of record on Tuesday, March 17th will be paid a dividend of 0.125 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Tuesday, March 17th.

Oxford Lane Capital Trading Down 0.0%

NASDAQ:OXLCO traded down $0.01 on Friday, hitting $23.76. 2,056 shares of the company’s stock were exchanged, compared to its average volume of 2,975. The firm has a 50-day moving average price of $23.48 and a 200-day moving average price of $23.36. 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.