Oxford Lane Capital Corp. (NASDAQ:OXLCM – Get Free Report) traded up 0.1% on Friday . The company traded as high as $25.23 and last traded at $25.19. Approximately 5,076 shares were traded during mid-day trading, a decline of 66% from the average session volume of 14,814 shares. The stock had previously closed at $25.17.
Oxford Lane Capital Trading Up 0.1%
The company’s fifty day simple moving average is $25.00 and its 200-day simple moving average is $25.02.
Oxford Lane Capital Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Monday, November 16th will be paid a $0.1719 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a c) dividend on an annualized basis and a yield of 8.2%.
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.
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