Oxford Lane Capital Corp. (NASDAQ:OXLCP – Get Free Report) announced a dividend on Thursday, October 24th,NASDAQ Dividends reports. Investors of record on Tuesday, December 17th will be given a dividend of 0.1302 per share on Tuesday, December 31st. The ex-dividend date is Tuesday, December 17th.
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 NASDAQ:OXLCP opened at $24.10 on Friday. The firm has a fifty day simple moving average of $24.05 and a two-hundred day simple moving average of $23.81. Oxford Lane Capital has a 52 week low of $22.82 and a 52 week high of $24.19.
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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