Oxford Lane Capital Corp. (NASDAQ:OXLCM – Get Free Report)’s stock price was up 0.1% on Friday . The company traded as high as $25.23 and last traded at $25.19. Approximately 5,076 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 14,814 shares. The stock had previously closed at $25.17.
Oxford Lane Capital Stock Performance
The firm has a 50 day moving average price of $25.00 and a 200-day moving average price of $25.02.
Oxford Lane Capital Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Monday, November 16th will be issued a $0.1719 dividend. This represents a c) annualized dividend and a yield of 8.2%. The ex-dividend date is Monday, November 16th.
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. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.
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