Oxford Lane Capital Corp. (OXLCN) To Go Ex-Dividend on December 17th
by Danessa Lincoln · The Markets DailyOxford Lane Capital Corp. (NASDAQ:OXLCN – Get Free Report) declared a monthly dividend on Friday, October 24th. Investors of record on Wednesday, December 17th will be paid a dividend of 0.1484 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend is Wednesday, December 17th.
Oxford Lane Capital Stock Performance
NASDAQ OXLCN opened at $24.43 on Monday. The business has a fifty day moving average price of $24.35 and a two-hundred day moving average price of $24.29. Oxford Lane Capital has a fifty-two week low of $23.40 and a fifty-two week high of $24.75.
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.
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