Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Free Report)’s share price traded up 0.1% during trading on Monday . The company traded as high as $23.40 and last traded at $23.35. 4,326 shares changed hands during trading, an increase of 64% from the average session volume of 2,644 shares. The stock had previously closed at $23.32.
Oxford Lane Capital Price Performance
The company’s fifty day moving average is $23.28 and its two-hundred day moving average is $23.05.
Oxford Lane Capital Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Friday, October 17th will be issued a dividend of $0.125 per share. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend is Friday, October 17th.
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.
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