Oxford Lane Capital (NASDAQ:OXLCI) Stock Price Up 0.3% After Dividend Announcement

Oxford Lane Capital Corp. (NASDAQ:OXLCIGet Free Report) traded up 0.3% during mid-day trading on Wednesday after the company announced a dividend. The stock traded as high as $25.84 and last traded at $25.84. 558 shares were traded during mid-day trading, a decline of 94% from the average session volume of 10,013 shares. The stock had previously closed at $25.76.

The newly announced dividend which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a dividend of $0.5469 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $2.19 annualized dividend and a dividend yield of 8.5%.

Oxford Lane Capital Trading Up 0.3%

The company has a fifty day moving average price of $25.73 and a 200 day moving average price of $25.67.

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