Oxford Lane Capital Corp. (NASDAQ:OXLC) to Issue Dividend of $0.09

Oxford Lane Capital Corp. (NASDAQ:OXLCGet Free Report) announced a dividend on Thursday, October 24th,NASDAQ Dividends reports. Stockholders of record on Friday, January 17th will be paid a dividend of 0.09 per share by the investment management company on Friday, January 31st. The ex-dividend date of this dividend is Friday, January 17th.

Oxford Lane Capital has increased its dividend by an average of 18.9% annually over the last three years.

Oxford Lane Capital Stock Up 0.6 %

NASDAQ:OXLC opened at $5.11 on Wednesday. The firm’s fifty day simple moving average is $5.20 and its 200 day simple moving average is $5.30. The stock has a market cap of $1.77 billion, a P/E ratio of 3.65 and a beta of 1.15. Oxford Lane Capital has a twelve month low of $4.95 and a twelve month high of $5.78.

Oxford Lane Capital Company Profile

(Get Free Report)

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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Dividend History for Oxford Lane Capital (NASDAQ:OXLC)

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