Oxford Lane Capital (NASDAQ:OXLC – Get Free Report) is anticipated to issue its quarterly earnings data before the market opens on Friday, January 24th. Analysts expect the company to announce earnings of $0.67 per share and revenue of $183,420.00 billion for the quarter.
Oxford Lane Capital Trading Down 0.2 %
Shares of OXLC stock opened at $5.06 on Thursday. Oxford Lane Capital has a twelve month low of $4.95 and a twelve month high of $5.78. The company’s 50-day moving average price is $5.16 and its 200-day moving average price is $5.29. The stock 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 company also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, January 20th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a dividend yield of 21.26%. Oxford Lane Capital’s payout ratio is presently 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.
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