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

Oxford Lane Capital Corp. (NASDAQ:OXLCO) announced a monthly dividend on Wednesday, November 13th,Wall Street Journal reports. Investors of record on Friday, January 17th will be paid a dividend of 0.125 per share on Friday, January 31st. This represents a $1.50 dividend on an annualized basis and a yield of 6.58%. The ex-dividend date is Friday, January 17th.

Oxford Lane Capital Trading Down 0.0 %

OXLCO stock opened at $22.81 on Wednesday. The company’s 50 day simple moving average is $22.92 and its 200-day simple moving average is $22.78. Oxford Lane Capital has a 12 month low of $21.69 and a 12 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.