Oxford Lane Capital Corp. (OXLCM) To Go Ex-Dividend on July 17th

Oxford Lane Capital Corp. (NASDAQ:OXLCM) announced a monthly dividend on Thursday, May 14th. Stockholders of record on Friday, July 17th will be paid a dividend of 0.1719 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 8.2%. The ex-dividend date of this dividend is Friday, July 17th.

Oxford Lane Capital Stock Performance

Shares of Oxford Lane Capital stock opened at $25.11 on Wednesday. The company has a fifty day simple moving average of $25.16 and a 200-day simple moving average of $25.01. Oxford Lane Capital has a 12-month low of $24.40 and a 12-month high of $25.48.

Oxford Lane Capital Company Profile

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.