Price movement over the last 24 hours
Albemarle Corp. vs Oxford Lane Capital Corp — how do they compare? Albemarle Corp. trades at $129.99 (market cap $15.22B), while Oxford Lane Capital Corp trades at $8.88 (market cap $872.99M). The key difference: Albemarle Corp. is far larger — about 17.4× Oxford Lane Capital Corp's market cap, and Oxford Lane Capital Corp pays the higher dividend (26.85%). Which is the better fit depends on your goals.
| ALB | OXLC | |
|---|---|---|
Market Cap | $15.22B | $872.99M |
Sector | Basic Materials | Financials |
52-Week High | $215.62 | $20.80 |
52-Week Low | $67.30 | $8.15 |
Enterprise Value | $18.24B | — |
Dividend Yield | 1.26% | 26.85% |
Trailing returns across standard periods
Latest headlines on both assets
Albemarle is the world's largest lithium producer. Our outlook for robust lithium demand is predicated upon increased demand for electric vehicle batteries. Albemarle produces lithium from its salt brine deposits in Chile and the U.S. and its hard rock joint venture mines in Australia. Albemarle is also a global leader in the production of bromine, used in flame retardants. The company is also a major producer of oil refining catalysts.
Read more on ALB →Oxford Lane Capital Corp. is a non-diversified, closed-end management investment company. Its primary investment objective is to achieve high current income, with a secondary objective of capital appreciation. The company primarily invests in equity and junior debt tranches of collateralized loan obligations (CLOs), which are pools of corporate loans. OXLC is known for its high-yield distribution policy and provides investors with leveraged exposure to the CLO market.
Read more on OXLC →