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

Oxford Lane Capital Corp. (NASDAQ:OXLCP) declared a monthly dividend on Friday, October 24th. Stockholders of record on Wednesday, December 17th will be paid a dividend of 0.1302 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date is Wednesday, December 17th.

Oxford Lane Capital Stock Down 0.2%

OXLCP stock opened at $24.55 on Monday. The business has a 50 day moving average of $24.52 and a 200-day moving average of $24.42. Oxford Lane Capital has a 12-month low of $23.75 and a 12-month high of $24.97.

Institutional Investors Weigh In On Oxford Lane Capital

An institutional investor recently bought a new position in Oxford Lane Capital stock. Resources Management Corp CT ADV acquired a new stake in Oxford Lane Capital Corp. (NASDAQ:OXLCP) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 13,200 shares of the company’s stock, valued at approximately $320,000.

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.