Oxford Lane Capital (NASDAQ:OXLC – Get Free Report) is projected to announce its earnings results 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 Price Performance
NASDAQ OXLC opened at $5.07 on Wednesday. Oxford Lane Capital has a 1-year low of $4.95 and a 1-year high of $5.78. The company has a market cap of $1.75 billion, a PE ratio of 3.62 and a beta of 1.15. The stock’s 50 day simple moving average is $5.17 and its 200-day simple moving average is $5.29.
Oxford Lane Capital Dividend Announcement
The firm also recently announced a dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, January 20th will be paid a $0.09 dividend. This represents a yield of 21.26%. The ex-dividend date of this dividend is Friday, January 17th. Oxford Lane Capital’s dividend payout ratio (DPR) is 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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