Oxford Lane Capital Corp. (NASDAQ:OXLCM – Get Rating) shot up 0.1% during mid-day trading on Friday . The company traded as high as $25.03 and last traded at $24.94. 1,643 shares changed hands during trading, a decline of 63% from the average session volume of 4,403 shares. The stock had previously closed at $24.91.
Oxford Lane Capital Trading Up 0.1 %
The company’s fifty day moving average is $24.78.
Oxford Lane Capital Announces Dividend
The company also recently disclosed a dividend, which was paid on Friday, December 30th. Shareholders of record on Friday, December 16th were paid a dividend of $0.1406 per share. The ex-dividend date of this dividend was Thursday, December 15th. This represents a yield of 6.76%.
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.
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