Press coverage about Oxford Lane Capital (NASDAQ:OXLC) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Oxford Lane Capital earned a news sentiment score of 0.06 on Accern’s scale. Accern also gave headlines about the investment management company an impact score of 46.4408951420948 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Oxford Lane Capital (NASDAQ:OXLC) remained flat at $$10.14 during trading on Wednesday. The company had a trading volume of 106,504 shares, compared to its average volume of 248,177. Oxford Lane Capital has a one year low of $9.11 and a one year high of $11.27. The firm has a market capitalization of $245.32, a price-to-earnings ratio of 7.39 and a beta of 0.97.
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, May 31st. Investors of record on Wednesday, May 23rd will be issued a $0.135 dividend. This represents a $1.62 dividend on an annualized basis and a yield of 15.98%. The ex-dividend date is Tuesday, May 22nd. Oxford Lane Capital’s dividend payout ratio is presently 39.42%.
Oxford Lane Capital Company Profile
Oxford Lane Capital Corp. is a non-diversified closed-end management investment company. The Fund’s investment objective is to maximize its portfolio’s risk adjusted total return and seeks to achieve its investment objective by investing in structured finance investments, specifically collateralized loan obligation (CLO) vehicles, which primarily own senior corporate debt securities.
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