Oxford Lane Capital Corp. Announces Monthly Dividend of $0.17 (NASDAQ:OXLCM)

Oxford Lane Capital Corp. (NASDAQ:OXLCM) announced a monthly dividend on Tuesday, May 19th. Stockholders of record on Monday, August 17th will be paid a dividend of 0.1719 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date of this dividend is Monday, August 17th.

Oxford Lane Capital Stock Performance

OXLCM stock opened at $25.26 on Wednesday. The stock’s 50 day moving average is $24.95 and its two-hundred day moving average is $24.97. Oxford Lane Capital has a 52-week low of $24.40 and a 52-week high of $25.40.

Oxford Lane Capital Company Profile

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.