Oxford Lane Capital Corp. (OXLCO) to Issue Monthly Dividend of $0.13 on December 31st

Oxford Lane Capital Corp. (NASDAQ:OXLCO) declared a monthly dividend on Friday, October 24th. Stockholders of record on Wednesday, December 17th will be paid a dividend of 0.125 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend is Wednesday, December 17th.

Oxford Lane Capital Stock Performance

OXLCO opened at $23.44 on Monday. The stock’s 50 day moving average price is $23.36 and its 200 day moving average price is $23.26. Oxford Lane Capital has a 12 month low of $22.28 and a 12 month high of $24.01.

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.