Oxford Lane Capital Corp. (NASDAQ:OXLCP) Declares $0.13 Dividend

Oxford Lane Capital Corp. (NASDAQ:OXLCP) declared a dividend on Wednesday, April 16th, investing.com reports. Investors of record on Thursday, April 17th will be paid a dividend of 0.1302 per share on Wednesday, April 30th. This represents a dividend yield of 6.49%. The ex-dividend date of this dividend is Wednesday, April 16th.

Oxford Lane Capital Stock Up 0.2 %

Shares of OXLCP opened at $24.13 on Friday. The firm’s 50 day moving average price is $24.14 and its two-hundred day moving average price is $24.09. Oxford Lane Capital has a twelve month low of $23.30 and a twelve month high of $24.40.

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.