Oxford Lane Capital Corp. (NASDAQ:OXLCM – Get Free Report)’s share price traded up 0.2% during mid-day trading on Thursday . The company traded as high as $25.11 and last traded at $25.0360. 21,800 shares were traded during mid-day trading, an increase of 29% from the average daily volume of 16,951 shares. The stock had previously closed at $24.99.
Oxford Lane Capital Stock Performance
The firm’s 50 day moving average is $25.15 and its 200 day moving average is $25.01.
Oxford Lane Capital Dividend Announcement
The company also recently declared 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. This represents a c) annualized dividend and a yield of 8.2%. The ex-dividend date of this dividend is Monday, August 17th.
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.
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