Oxford Lane Capital Corp. (NASDAQ:OXLCI – Get Free Report) announced a quarterly dividend on Friday, January 31st,Wall Street Journal reports. Shareholders of record on Saturday, March 15th will be paid a dividend of 0.5469 per share on Monday, March 31st. This represents a $2.19 annualized dividend and a yield of 8.54%. The ex-dividend date of this dividend is Friday, March 14th.
Oxford Lane Capital Stock Down 0.2 %
OXLCI traded down $0.05 during midday trading on Friday, hitting $25.62. 15,783 shares of the company were exchanged, compared to its average volume of 11,364. Oxford Lane Capital has a 1-year low of $25.10 and a 1-year high of $26.18.
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