Oxford Lane Capital Corp. (NASDAQ:OXLCO) Announces Monthly Dividend of $0.13

Oxford Lane Capital Corp. (NASDAQ:OXLCOGet Free Report) declared a monthly dividend on Friday, May 17th, Wall Street Journal reports. Investors of record on Friday, August 16th will be given a dividend of 0.125 per share on Friday, August 30th. This represents a $1.50 annualized dividend and a yield of 6.79%. The ex-dividend date is Friday, August 16th.

Oxford Lane Capital Stock Performance

Shares of OXLCO stock opened at $22.10 on Friday. The stock’s 50 day simple moving average is $22.20 and its two-hundred day simple moving average is $22.02. Oxford Lane Capital has a 1 year low of $20.70 and a 1 year high of $22.66.

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.

Further Reading

Dividend History for Oxford Lane Capital (NASDAQ:OXLCO)

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