Oxford Lane Capital Corp. (OXLCN) To Go Ex-Dividend on August 16th

Oxford Lane Capital Corp. (NASDAQ:OXLCNGet Free Report) declared a monthly dividend on Friday, May 17th, Wall Street Journal reports. Investors of record on Friday, August 16th will be given a dividend of 0.1484 per share on Friday, August 30th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.51%. The ex-dividend date of this dividend is Friday, August 16th.

Oxford Lane Capital Stock Performance

NASDAQ:OXLCN opened at $23.72 on Friday. Oxford Lane Capital has a 52 week low of $22.11 and a 52 week high of $24.30. The stock’s fifty day moving average is $23.56 and its two-hundred day moving average is $23.46.

About Oxford Lane Capital

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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.

Further Reading

Dividend History for Oxford Lane Capital (NASDAQ:OXLCN)

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