Oxford Lane Capital Corp. (OXLCI) to Issue Quarterly Dividend of $0.55 on March 31st

Oxford Lane Capital Corp. (NASDAQ:OXLCIGet Free Report) declared a quarterly dividend on Tuesday, March 11th, Wall Street Journal reports. Stockholders of record on Saturday, March 15th will be given a dividend of 0.5469 per share on Monday, March 31st. This represents a $2.19 annualized dividend and a dividend yield of 8.49%. The ex-dividend date is Friday, March 14th.

Oxford Lane Capital Stock Performance

OXLCI opened at $25.76 on Wednesday. Oxford Lane Capital has a 52-week low of $25.10 and a 52-week high of $26.18. The stock’s 50-day moving average is $25.69.

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