Oxford Lane Capital Corp. (NASDAQ:OXLCI – Get Free Report) traded up 0% during trading on Friday following a dividend announcement from the company. The stock traded as high as $25.82 and last traded at $25.79. 37,497 shares were traded during mid-day trading, an increase of 188% from the average session volume of 13,041 shares. The stock had previously closed at $25.78.
The newly announced dividend which will be paid on Monday, March 31st. Shareholders of record on Saturday, March 15th will be given a $0.5469 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.19 annualized dividend and a yield of 8.48%.
Oxford Lane Capital Stock Up 0.0 %
The stock’s 50-day moving average is $25.66.
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