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

Oxford Lane Capital Corp. (NASDAQ:OXLCO) announced a dividend on Thursday, July 17th, investing.com reports. Stockholders of record on Friday, July 18th will be paid a dividend of 0.125 per share on Thursday, July 31st. This represents a dividend yield of 6.41%. The ex-dividend date of this dividend is Thursday, July 17th.

Oxford Lane Capital Stock Down 0.1%

Shares of Oxford Lane Capital stock opened at $23.23 on Friday. The business has a fifty day simple moving average of $23.02 and a 200-day simple moving average of $22.93. Oxford Lane Capital has a 12 month low of $22.28 and a 12 month high of $23.47.

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.