Oxford Lane Capital Corp. (OXLCO) To Go Ex-Dividend on March 17th

Oxford Lane Capital Corp. (NASDAQ:OXLCO) declared a monthly dividend on Friday, January 24th, NASDAQ Dividends reports. Stockholders of record on Monday, March 17th will be paid a dividend of 0.125 per share on Monday, March 31st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 6.52%. The ex-dividend date of this dividend is Monday, March 17th.

Oxford Lane Capital Price Performance

Shares of NASDAQ OXLCO opened at $22.99 on Friday. The company’s fifty day moving average is $22.96 and its 200-day moving average is $22.91. Oxford Lane Capital has a twelve month low of $21.92 and a twelve month high of $23.47.

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.