Oxford Lane Capital Corp. (NASDAQ:OXLCM) to Issue $0.14 Monthly Dividend

Oxford Lane Capital Corp. (NASDAQ:OXLCMGet Free Report) announced a monthly dividend on Friday, November 10th, Wall Street Journal reports. Stockholders of record on Thursday, February 15th will be paid a dividend of 0.1406 per share on Thursday, February 29th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 6.76%. The ex-dividend date is Wednesday, February 14th.

Oxford Lane Capital Stock Performance

OXLCM opened at $24.97 on Monday. The business has a 50-day moving average of $24.96 and a two-hundred day moving average of $24.87. Oxford Lane Capital has a 12 month low of $24.27 and a 12 month high of $25.30.

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.

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Dividend History for Oxford Lane Capital (NASDAQ:OXLCM)

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