Oxford Lane Capital Corp. ( NASDAQ:OXLCN – Get Rating ) announced a monthly dividend on Monday, May 22nd, Wall Street Journal reports. Investors of record on Monday, July 17th will be given a dividend of 0.1484 per share on Monday, July 31st. This represents a $1.78 dividend on an annualized basis and a dividend yield of 7.82%. The ex-dividend date of this dividend is Friday, July 14th. This is a boost from Oxford Lane Capital's previous monthly dividend of $0.15. Oxford Lane Capital Price Performance Shares of Oxford Lane Capital stock traded down $0.

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