Oxford Lane Capital Corp. (OXLCM) To Go Ex-Dividend on June 16th

Oxford Lane Capital Corp. (NASDAQ:OXLCM) announced a monthly dividend on Thursday, May 14th. Stockholders of record on Tuesday, June 16th will be paid a dividend of 0.1719 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date of this dividend is Tuesday, June 16th.

Oxford Lane Capital Trading Down 0.7%

Shares of NASDAQ OXLCM opened at $25.06 on Friday. The firm has a 50-day simple moving average of $25.12 and a 200-day simple moving average of $25.01. Oxford Lane Capital has a 52 week low of $24.40 and a 52 week high of $25.48.

Oxford Lane Capital Company Profile

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.