Oxford Lane Capital Corp. (NASDAQ:OXLCP) Announces Monthly Dividend of $0.13

Oxford Lane Capital Corp. (NASDAQ:OXLCP) declared a monthly dividend on Tuesday, January 28th,Wall Street Journal reports. Stockholders of record on Friday, May 16th will be paid a dividend of 0.1302 per share on Friday, May 30th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.47%. The ex-dividend date is Friday, May 16th.

Oxford Lane Capital Stock Down 0.0 %

Shares of NASDAQ:OXLCP opened at $24.14 on Wednesday. Oxford Lane Capital has a twelve month low of $23.15 and a twelve month high of $24.20. The company has a 50 day moving average of $24.07 and a 200-day moving average of $23.94.

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.