Oxford Lane Capital Corp. (NASDAQ:OXLCO) Declares Monthly Dividend of $0.13

Oxford Lane Capital Corp. (NASDAQ:OXLCOGet Free Report) announced a monthly dividend on Wednesday, January 29th,Wall Street Journal reports. Shareholders of record on Friday, May 16th will be paid a dividend of 0.125 per share on Friday, May 30th. This represents a $1.50 annualized dividend and a dividend yield of 6.54%. The ex-dividend date is Friday, May 16th.

Oxford Lane Capital Stock Performance

Shares of NASDAQ OXLCO opened at $22.95 on Wednesday. Oxford Lane Capital has a one year low of $21.69 and a one year high of $23.47. The company’s fifty day moving average is $22.89 and its two-hundred day moving average is $22.81.

Oxford Lane Capital Company Profile

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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.

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Dividend History for Oxford Lane Capital (NASDAQ:OXLCO)

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