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

Oxford Lane Capital Corp. (NASDAQ:OXLCM) declared a monthly dividend on Tuesday, July 28th. Shareholders of record on Monday, November 16th will be paid a dividend of 0.1719 per share on Monday, November 30th. This represents a c) annualized dividend and a yield of 8.2%. The ex-dividend date is Monday, November 16th.

Oxford Lane Capital Price Performance

NASDAQ:OXLCM opened at $25.17 on Wednesday. Oxford Lane Capital has a 12 month low of $24.40 and a 12 month high of $25.48. The company’s 50 day moving average is $25.10 and its 200-day moving average is $25.01.

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.