Oxford Lane Capital Corp. Declares Monthly Dividend of $0.17 (NASDAQ:OXLCM)

Oxford Lane Capital Corp. (NASDAQ:OXLCM) announced a monthly dividend on Tuesday, May 19th. Stockholders of record on Tuesday, June 16th will be given a dividend of 0.1719 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date is Tuesday, June 16th.

Oxford Lane Capital Stock Performance

OXLCM opened at $25.26 on Wednesday. The company’s 50 day moving average is $24.95 and its 200-day moving average is $24.97. Oxford Lane Capital has a 1-year low of $24.40 and a 1-year high of $25.40.

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. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.