Shares of Oxford Lane Capital Corp. (NASDAQ:OXLCN – Get Free Report) traded down 0.2% during mid-day trading on Tuesday . The stock traded as low as $24.09 and last traded at $24.15. 3,517 shares changed hands during trading, an increase of 113% from the average session volume of 1,654 shares. The stock had previously closed at $24.20.
Oxford Lane Capital Trading Down 0.4 %
The firm has a fifty day moving average price of $24.16 and a 200-day moving average price of $24.16.
Oxford Lane Capital Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be given a $0.1484 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a $1.78 annualized dividend and a dividend yield of 7.40%.
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.
Recommended Stories
- Five stocks we like better than Oxford Lane Capital
- What Investors Need to Know About Upcoming IPOs
- MercadoLibre: Latin America’s Digital Titan Just Got Cheaper
- Using the MarketBeat Dividend Tax Calculator
- Breaking Down Pegasystems, A Wedbush Top AI Pick for 2025
- What is an Earnings Surprise?
- Shutterstock and Getty: A $3.7 Billion Visual Content Giant
Receive News & Ratings for Oxford Lane Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Lane Capital and related companies with MarketBeat.com's FREE daily email newsletter.
