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

Oxford Lane Capital Corp. (NASDAQ:OXLCPGet Free Report) announced a monthly dividend on Friday, May 17th, Wall Street Journal reports. Investors of record on Friday, August 16th will be paid a dividend of 0.1302 per share on Friday, August 30th. This represents a $1.56 dividend on an annualized basis and a yield of 6.62%. The ex-dividend date is Friday, August 16th.

Oxford Lane Capital has increased its dividend payment by an average of 4.1% per year over the last three years.

Oxford Lane Capital Price Performance

Shares of Oxford Lane Capital stock opened at $23.60 on Friday. The business’s 50 day simple moving average is $23.45 and its 200 day simple moving average is $23.28. Oxford Lane Capital has a 52-week low of $22.25 and a 52-week high of $23.77.

Oxford Lane Capital Company Profile

(Get Free Report)

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:OXLCP)

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