Oxford Lane Capital Corp. (OXLCN) To Go Ex-Dividend on February 13th

Oxford Lane Capital Corp. (NASDAQ:OXLCN) declared a monthly dividend on Friday, October 24th. Investors of record on Friday, February 13th will be paid a dividend of 0.1484 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date of this dividend is Friday, February 13th.

Oxford Lane Capital Stock Performance

OXLCN stock traded up $0.04 during mid-day trading on Wednesday, reaching $24.61. 1,103 shares of the company’s stock were exchanged, compared to its average volume of 3,752. Oxford Lane Capital has a 12-month low of $23.40 and a 12-month high of $24.78. The stock’s 50 day moving average is $24.48 and its 200 day moving average is $24.38.

Oxford Lane Capital Company Profile

Oxford Lane Capital Corp. (Nasdaq: OXLCN) is a closed-end management investment company that is structured to offer publicly traded notes on the Nasdaq Global Market. The firm’s principal investment objective is to provide investors with a high level of current income, with a secondary objective of capital appreciation. By issuing senior unsecured notes under the OXLCN ticker, Oxford Lane Capital seeks to deliver predictable cash distributions to noteholders through its diversified investment portfolio.

The company primarily allocates capital to senior secured loans and equity securities of privately held and thinly traded companies, as well as public small- and mid-cap issuers.