Oxford Lane Capital (NASDAQ:OXLCI) Shares Up 0.3% – Still a Buy?

Shares of Oxford Lane Capital Corp. (NASDAQ:OXLCIGet Free Report) traded up 0.3% on Thursday . The company traded as high as $25.56 and last traded at $25.56. 8,802 shares were traded during trading, a decline of 13% from the average session volume of 10,107 shares. The stock had previously closed at $25.48.

Oxford Lane Capital Stock Performance

The business has a 50 day moving average of $25.74 and a two-hundred day moving average of $25.69.

Oxford Lane Capital Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be issued a $0.5469 dividend. This represents a $2.19 dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date is Monday, December 15th.

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