Oxford Lane Capital Corp. to Issue Quarterly Dividend of $0.55 (NASDAQ:OXLCI)

Oxford Lane Capital Corp. (NASDAQ:OXLCIGet Free Report) announced a quarterly dividend on Monday, March 24th, Wall Street Journal reports. Stockholders of record on Monday, December 15th will be given a dividend of 0.5469 per share on Wednesday, December 31st. This represents a $2.19 dividend on an annualized basis and a dividend yield of 8.59%. The ex-dividend date of this dividend is Monday, December 15th.

Oxford Lane Capital Stock Performance

Shares of OXLCI opened at $25.47 on Tuesday. The firm has a 50 day moving average of $25.67. Oxford Lane Capital has a twelve month low of $25.10 and a twelve month high of $26.18.

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