Oxford Lane Capital (NASDAQ:OXLCM) Stock Price Up 0.2%

Oxford Lane Capital Corp. (NASDAQ:OXLCMGet Free Report)’s stock price rose 0.2% during mid-day trading on Friday . The company traded as high as $25.06 and last traded at $25.06. Approximately 236 shares were traded during trading, a decline of 95% from the average daily volume of 4,922 shares. The stock had previously closed at $25.02.

Oxford Lane Capital Stock Performance

The company’s 50-day moving average price is $24.99 and its 200 day moving average price is $24.97.

Oxford Lane Capital Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a $0.1406 dividend. This represents a $1.69 annualized dividend and a yield of 6.73%. This is an increase from Oxford Lane Capital’s previous monthly dividend of $0.14. The ex-dividend date of this dividend is Friday, June 14th.

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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