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

Oxford Lane Capital Corp. (NASDAQ:OXLCO) announced a monthly dividend on Friday, October 24th. Investors of record on Wednesday, December 17th will be given a dividend of 0.125 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend is Wednesday, December 17th.

Oxford Lane Capital Stock Performance

Shares of OXLCO stock opened at $23.44 on Monday. Oxford Lane Capital has a 52 week low of $22.28 and a 52 week high of $24.01. The company’s 50 day moving average price is $23.36 and its two-hundred day moving average price is $23.26.

Oxford Lane Capital Company Profile

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.