Oxford Lane Capital Corp. (NASDAQ:OXLCN – Get Free Report) declared a monthly dividend on Thursday, July 23rd. Investors of record on Wednesday, September 16th will be paid a dividend of 0.1484 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date is Wednesday, September 16th.
Oxford Lane Capital Trading Down 0.1%
Oxford Lane Capital stock opened at $24.55 on Monday. The stock has a 50-day moving average of $24.68 and a two-hundred day moving average of $24.61. Oxford Lane Capital has a one year low of $23.93 and a one year high of $25.10.
About Oxford Lane Capital
Oxford Lane Capital Corp. (Nasdaq: OXLCN) is a closed-end management investment company that is structured to offer publicly traded notes on the Nasdaq Global Market. The firm’s principal investment objective is to provide investors with a high level of current income, with a secondary objective of capital appreciation. By issuing senior unsecured notes under the OXLCN ticker, Oxford Lane Capital seeks to deliver predictable cash distributions to noteholders through its diversified investment portfolio.
The company primarily allocates capital to senior secured loans and equity securities of privately held and thinly traded companies, as well as public small- and mid-cap issuers.
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