Oxford Lane Capital Corp. (OXLCM) To Go Ex-Dividend on September 16th
by Mitch Edgeman · The Markets DailyOxford Lane Capital Corp. (NASDAQ:OXLCM – Get Free Report) announced a monthly dividend on Thursday, July 23rd. Investors of record on Wednesday, September 16th will be paid a dividend of 0.1719 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 8.2%. The ex-dividend date is Wednesday, September 16th.
Oxford Lane Capital Trading Down 0.0%
OXLCM opened at $25.05 on Monday. The firm’s fifty day moving average price is $25.05 and its two-hundred day moving average price is $25.03. Oxford Lane Capital has a fifty-two week low of $24.40 and a fifty-two week high of $25.48.
About Oxford Lane Capital
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. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.
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