Oxford Lane Capital Corp. (NASDAQ:OXLCM) to Issue Monthly Dividend of $0.17

Oxford Lane Capital Corp. (NASDAQ:OXLCM) declared a monthly dividend on Wednesday, April 1st. Investors of record on Friday, May 15th will be paid a dividend of 0.1719 per share on Friday, May 29th. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date is Friday, May 15th.

Oxford Lane Capital Price Performance

Shares of OXLCM stock opened at $25.31 on Wednesday. Oxford Lane Capital has a one year low of $24.40 and a one year high of $25.35. The stock has a fifty day moving average price of $24.92 and a 200 day moving average price of $24.96.

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.