Oxford Lane Capital (NASDAQ:OXLC) Trading 0.1% Higher Following Dividend Announcement

Posted by Dante Gardener on Mar 31st, 2025

Oxford Lane Capital Corp. (NASDAQ:OXLC – Get Free Report)’s stock price was up 0.1% on Monday after the company announced a dividend. The stock traded as high as $4.65 and last traded at $4.66. Approximately 2,007,104 shares changed hands during trading, a decline of 57% from the average daily volume of 4,710,929 shares. The stock had previously closed at $4.65.

The newly announced dividend which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th will be given a dividend of $0.09 per share. This represents a $1.08 annualized dividend and a dividend yield of 23.15%. The ex-dividend date is Tuesday, September 16th. Oxford Lane Capital’s payout ratio is presently 127.71%.

Oxford Lane Capital Trading Up 0.3 %

The firm has a market cap of $1.61 billion, a P/E ratio of 5.62 and a beta of 1.17. The company’s 50-day moving average is $4.95 and its two-hundred day moving average is $5.12.

Oxford Lane Capital (NASDAQ:OXLC – Get Free Report) last announced its earnings results on Monday, January 27th. The investment management company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.39).

Hedge Funds Weigh In On Oxford Lane Capital

Institutional investors have recently bought and sold shares of the company. SWAN Capital LLC bought a new stake in shares of Oxford Lane Capital in the fourth quarter valued at approximately $30,000. Lewis Asset Management LLC bought a new stake in Oxford Lane Capital during the 4th quarter valued at $51,000. Walkner Condon Financial Advisors LLC purchased a new stake in shares of Oxford Lane Capital during the fourth quarter worth $51,000. Choreo LLC purchased a new stake in shares of Oxford Lane Capital during the fourth quarter worth $51,000. Finally, Titleist Asset Management LLC bought a new position in shares of Oxford Lane Capital in the fourth quarter worth $51,000. Hedge funds and other institutional investors own 6.74% of the company’s stock.

Oxford Lane Capital Company Profile

(Get Free Report)

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.