Oxford Lane Capital Corp. (NASDAQ:OXLCN – Get Free Report) declared a monthly dividend on Thursday, May 14th. Investors of record on Monday, August 17th will be paid a dividend of 0.1484 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date of this dividend is Monday, August 17th.
Oxford Lane Capital Trading Down 0.1%
Shares of OXLCN opened at $24.77 on Friday. The firm has a 50-day moving average price of $24.73 and a 200 day moving average price of $24.61. Oxford Lane Capital has a 52-week low of $23.93 and a 52-week 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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