Oxford Lane Capital Corp. (NASDAQ:OXLCM – Get Free Report) fell 0.4% on Thursday . The stock traded as low as $24.90 and last traded at $24.90. Approximately 4,079 shares were traded during mid-day trading, a decline of 74% from the average session volume of 15,816 shares. The stock had previously closed at $25.00.
Oxford Lane Capital Price Performance
The stock has a 50 day moving average price of $25.11 and a 200-day moving average price of $25.01.
Oxford Lane Capital Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be issued a $0.1719 dividend. The ex-dividend date is Monday, August 17th. This represents a c) dividend on an annualized basis and a yield of 8.3%.
About Oxford Lane Capital
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. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.
Further Reading
- Five stocks we like better than Oxford Lane Capital
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Receive News & Ratings for Oxford Lane Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Lane Capital and related companies with MarketBeat.com's FREE daily email newsletter.
