Oxford Lane Capital Corp. (NASDAQ:OXLCN – Get Free Report) announced a monthly dividend on Wednesday, November 13th,Wall Street Journal reports. Stockholders of record on Friday, January 17th will be paid a dividend of 0.1484 per share on Friday, January 31st. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.29%. The ex-dividend date is Friday, January 17th. This is a boost from Oxford Lane Capital’s previous monthly dividend of $0.15.
Oxford Lane Capital Price Performance
NASDAQ:OXLCN traded down $0.03 during mid-day trading on Thursday, reaching $24.43. 1,229 shares of the company’s stock were exchanged, compared to its average volume of 2,943. The business’s fifty day simple moving average is $24.26 and its two-hundred day simple moving average is $24.08. Oxford Lane Capital has a one year low of $22.49 and a one year high of $24.50.
Oxford Lane Capital Company Profile
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