Oxford Lane Capital Corp. (OXLCN) To Go Ex-Dividend on March 17th

Oxford Lane Capital Corp. (NASDAQ:OXLCN) announced a monthly dividend on Friday, January 24th, NASDAQ Dividends reports. Shareholders of record on Monday, March 17th will be given a dividend of 0.1484 per share on Monday, March 31st. This represents a $1.78 dividend on an annualized basis and a yield of 7.39%. The ex-dividend date is Monday, March 17th.

Oxford Lane Capital Price Performance

Shares of OXLCN opened at $24.12 on Friday. Oxford Lane Capital has a 12-month low of $23.21 and a 12-month high of $24.50. The business’s 50 day moving average is $24.27 and its 200 day moving average is $24.22.

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.