Oxford Lane Capital Corp. (NASDAQ:OXLCP – Get Free Report)’s share price shot up 0.2% during trading on Friday . The company traded as high as $24.01 and last traded at $23.93. 1,971 shares were traded during trading, a decline of 65% from the average session volume of 5,688 shares. The stock had previously closed at $23.88.
Oxford Lane Capital Price Performance
The firm has a 50-day moving average price of $23.92 and a two-hundred day moving average price of $23.70.
Oxford Lane Capital Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a $0.1302 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.53%. The ex-dividend date of this dividend is Friday, November 15th.
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.
Featured Articles
- Five stocks we like better than Oxford Lane Capital
- How to buy stock: A step-by-step guide for beginners
- Energy Vault Soars 100%: CEO Shares Why in MarketBeat Exclusive
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Meta’s Q3 Earnings Beat—Is This Dip a Golden Entry Opportunity?
- Canadian Penny Stocks: Can They Make You Rich?
- Top Nuclear Stocks Thriving on Soaring Energy Demand
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.
