Oxford Lane Capital Corp. (OXLCO) To Go Ex-Dividend on December 17th

Oxford Lane Capital Corp. (NASDAQ:OXLCO) declared a monthly dividend on Friday, October 24th. Stockholders of record on Wednesday, December 17th will be given 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 Price Performance

Shares of NASDAQ:OXLCO opened at $23.44 on Monday. Oxford Lane Capital has a 1 year low of $22.28 and a 1 year high of $24.01. The business’s 50-day moving average is $23.36 and its 200-day moving average is $23.26.

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.