Oxford Lane Capital Corp. (OXLCO) To Go Ex-Dividend on November 14th

Oxford Lane Capital Corp. (NASDAQ:OXLCO) announced a monthly dividend on Tuesday, July 22nd, Wall Street Journal reports. Stockholders of record on Friday, November 14th will be given a dividend of 0.125 per share on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 6.5%. The ex-dividend date is Friday, November 14th.

Oxford Lane Capital Trading Down 2.2%

Oxford Lane Capital stock opened at $23.13 on Wednesday. Oxford Lane Capital has a 1-year low of $22.28 and a 1-year high of $24.01. The firm has a 50 day simple moving average of $23.32 and a 200 day simple moving average of $23.16.

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.