Oxford Lane Capital Corp. (OXLCO) To Go Ex-Dividend on February 14th

Oxford Lane Capital Corp. (NASDAQ:OXLCO) declared a monthly dividend on Thursday, November 14th,Wall Street Journal reports. Investors of record on Friday, February 14th will be paid a dividend of 0.125 per share on Friday, February 28th. This represents a $1.50 annualized dividend and a yield of 6.51%. The ex-dividend date of this dividend is Friday, February 14th.

Oxford Lane Capital Price Performance

Shares of NASDAQ OXLCO opened at $23.05 on Wednesday. The business has a fifty day moving average of $22.90 and a two-hundred day moving average of $22.85. Oxford Lane Capital has a 52-week low of $21.78 and a 52-week high of $23.47.

Oxford Lane Capital Company Profile

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.