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

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

Oxford Lane Capital Stock Down 0.2%

OXLCM opened at $25.26 on Wednesday. Oxford Lane Capital has a 52-week low of $24.40 and a 52-week high of $25.40. The firm’s fifty day simple moving average is $24.95 and its two-hundred day simple moving average is $24.97.

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.