Oxford Lane Capital Corp. (NASDAQ:OXLCI) Declares Quarterly Dividend of $0.55

Oxford Lane Capital Corp. (NASDAQ:OXLCIGet Free Report) declared a quarterly dividend on Friday, March 21st, Wall Street Journal reports. Shareholders of record on Monday, December 15th will be given a dividend of 0.5469 per share on Wednesday, December 31st. This represents a $2.19 annualized dividend and a yield of 8.61%. The ex-dividend date is Monday, December 15th.

Oxford Lane Capital Trading Up 0.6 %

NASDAQ OXLCI traded up $0.16 during trading on Friday, reaching $25.41. 14,775 shares of the company traded hands, compared to its average volume of 13,260. Oxford Lane Capital has a 1-year low of $25.10 and a 1-year high of $26.18. The stock has a 50 day moving average price of $25.68.

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