Oxford Lane Capital Corp. (OXLCP) To Go Ex-Dividend on January 17th

Oxford Lane Capital Corp. (NASDAQ:OXLCP) declared a monthly dividend on Wednesday, November 13th,Wall Street Journal reports. Investors of record on Friday, January 17th will be given a dividend of 0.1302 per share on Friday, January 31st. This represents a $1.56 annualized dividend and a yield of 6.48%. The ex-dividend date of this dividend is Friday, January 17th.

Oxford Lane Capital Price Performance

OXLCP opened at $24.11 on Wednesday. The firm has a 50 day simple moving average of $24.05 and a 200 day simple moving average of $23.90. Oxford Lane Capital has a fifty-two week low of $23.15 and a fifty-two week high of $24.20.

Oxford Lane Capital Company Profile

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.