Oxford Lane Capital Corp. (NASDAQ:OXLCM) Announces Dividend of $0.24

Oxford Lane Capital Corp. (NASDAQ:OXLCM) declared a dividend on Wednesday, April 8th, NASDAQ Dividends reports. Stockholders of record on Thursday, April 16th will be paid a dividend of 0.2406 per share on Thursday, April 30th. The ex-dividend date of this dividend is Thursday, April 16th.

Oxford Lane Capital Stock Performance

NASDAQ:OXLCM remained flat at $24.79 on Thursday. 36,917 shares of the company’s stock traded hands, compared to its average volume of 5,689. Oxford Lane Capital has a 52-week low of $24.57 and a 52-week high of $25.30. The firm’s 50-day simple moving average is $24.99 and its two-hundred day simple moving average is $24.99.

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. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.