Oxford Lane Capital Corp. (NASDAQ:OXLCN) Announces Monthly Dividend of $0.15

Oxford Lane Capital Corp. (NASDAQ:OXLCN) announced a monthly dividend on Friday, January 24th, NASDAQ Dividends reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.1484 per share on Monday, March 31st. This represents a $1.78 annualized dividend and a dividend yield of 7.39%. The ex-dividend date of this dividend is Monday, March 17th.

Oxford Lane Capital Trading Down 0.0 %

Shares of OXLCN opened at $24.12 on Friday. The stock has a 50 day moving average price of $24.27 and a 200 day moving average price of $24.22. Oxford Lane Capital has a one year low of $23.21 and a one year high of $24.50.

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.