Oxford Lane Capital (NASDAQ:OXLCO) Trading 0.6% Higher

Shares of Oxford Lane Capital Corp. (NASDAQ:OXLCOGet Free Report) were up 0.6% during trading on Friday . The company traded as high as $22.48 and last traded at $22.46. Approximately 8,072 shares were traded during mid-day trading, an increase of 184% from the average daily volume of 2,844 shares. The stock had previously closed at $22.33.

Oxford Lane Capital Stock Up 0.6 %

The stock’s fifty day moving average price is $22.23 and its 200 day moving average price is $22.11.

Oxford Lane Capital Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a dividend of $0.125 per share. The ex-dividend date is Friday, June 14th. This represents a $1.50 dividend on an annualized basis and a yield of 6.68%.

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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