In a notable performance, Oxford Lane Capital Corp's stock (OXLCP) reached a 52-week high, trading at $24.17, while maintaining an attractive dividend yield of 6.48%. According to InvestingPro data, the company has maintained dividend payments for 14 consecutive years. This peak reflects a robust period for the company, which has seen its shares climb steadily over the past year. Investors have been closely monitoring OXLCP's progress, with the stock delivering an impressive YTD return of 11.88%. The company maintains strong financial health with a current ratio of 2.31, indicating solid liquidity. InvestingPro subscribers can access 5 additional key insights about OXLCP's financial position. The achievement of this 52-week high marks a significant milestone for Oxford Lane Capital and underscores the positive sentiment among investors regarding the company's financial health and market position. With a "GOOD" overall financial health rating from InvestingPro, the company demonstrates strong fundamentals and consistent performance.
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