Oxford Lane Capital Corp. Declares Quarterly Dividend of $0.55 (NASDAQ:OXLCI)

Oxford Lane Capital Corp. (NASDAQ:OXLCIGet Free Report) declared a quarterly dividend on Friday, March 21st, Wall Street Journal reports. Shareholders of record on Monday, December 15th will be paid a dividend of 0.5469 per share on Wednesday, December 31st. This represents a $2.19 dividend on an annualized basis and a yield of 8.61%. The ex-dividend date of this dividend is Monday, December 15th.

Oxford Lane Capital Price Performance

Shares of Oxford Lane Capital stock opened at $25.41 on Friday. Oxford Lane Capital has a 1-year low of $25.10 and a 1-year high of $26.18. The firm’s 50-day simple moving average is $25.67.

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