Oxford Lane Capital Corp. (NASDAQ:OXLCP – Get Free Report) announced a dividend on Thursday, July 25th, NASDAQ reports. Shareholders of record on Monday, September 16th will be paid a dividend of 0.1302 per share on Monday, September 30th. The ex-dividend date of this dividend is Monday, September 16th.
Oxford Lane Capital has increased its dividend payment by an average of 4.1% per year over the last three years.
Oxford Lane Capital Price Performance
Shares of OXLCP stock traded down $0.01 during mid-day trading on Friday, hitting $23.81. The company had a trading volume of 3,961 shares, compared to its average volume of 6,059. The stock’s 50 day moving average price is $23.71 and its 200-day moving average price is $23.56. Oxford Lane Capital has a 52-week low of $22.58 and a 52-week high of $23.98.
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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