Oxford Lane Capital Corp. (NASDAQ:OXLCM) Declares Monthly Dividend of $0.17

Oxford Lane Capital Corp. (NASDAQ:OXLCM) announced a monthly dividend on Tuesday, May 19th. Shareholders of record on Monday, August 17th will be paid a dividend of 0.1719 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 8.2%. The ex-dividend date is Monday, August 17th.

Oxford Lane Capital Price Performance

Shares of OXLCM opened at $25.26 on Wednesday. The business’s 50-day moving average price is $24.95 and its 200 day moving average price is $24.97. Oxford Lane Capital has a 1-year low of $24.40 and a 1-year high of $25.40.

About Oxford Lane Capital

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. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.