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

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

Oxford Lane Capital Stock Performance

Shares of OXLCI stock traded up $0.16 during trading on Friday, hitting $25.41. 14,775 shares of the company were exchanged, compared to its average volume of 13,260. The business’s 50-day moving average is $25.68. Oxford Lane Capital has a twelve month low of $25.10 and a twelve month high of $26.18.

Read More

Receive News & Ratings for Oxford Lane Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Lane Capital and related companies with MarketBeat.com's FREE daily email newsletter.