Oxford Lane Capital Corp. (OXLCN) To Go Ex-Dividend on April 16th

Oxford Lane Capital Corp. (NASDAQ:OXLCN) announced a dividend on Wednesday, April 16th, investing.com reports. Stockholders of record on Thursday, April 17th will be paid a dividend of 0.1484 per share on Wednesday, April 30th. This represents a dividend yield of 7.54%. The ex-dividend date of this dividend is Wednesday, April 16th.

Oxford Lane Capital Stock Down 0.3 %

Shares of NASDAQ OXLCN opened at $23.61 on Friday. The firm’s 50-day moving average price is $24.06 and its 200-day moving average price is $24.16. Oxford Lane Capital has a 52-week low of $23.40 and a 52-week high of $24.50.

About Oxford Lane Capital

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.