Shares of Oxford Lane Capital Corp. (NASDAQ:OXLCO – Get Free Report) fell 0% during trading on Tuesday . The company traded as low as $22.80 and last traded at $22.80. 1,086 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 1,521 shares. The stock had previously closed at $22.81.
Oxford Lane Capital Stock Down 0.0 %
The stock’s 50 day simple moving average is $22.94 and its two-hundred day simple moving average is $22.77.
Oxford Lane Capital Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, January 17th. This represents a $1.50 dividend on an annualized basis and a yield of 6.58%.
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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