Oxford Lane Capital (NASDAQ:OXLCM) Stock Price Down 0%

Shares of Oxford Lane Capital Corp. (NASDAQ:OXLCMGet Free Report) were down 0% during trading on Tuesday . The company traded as low as $25.01 and last traded at $25.04. Approximately 3,132 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 5,602 shares. The stock had previously closed at $25.05.

Oxford Lane Capital Stock Down 0.0 %

The business’s 50 day moving average price is $25.00 and its 200 day moving average price is $24.91.

Oxford Lane Capital Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 16th will be given a dividend of $0.1406 per share. The ex-dividend date of this dividend is Monday, April 15th. This represents a $1.69 annualized dividend and a yield of 6.74%.

Oxford Lane Capital Company Profile

(Get Free Report)

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.

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