Cash Dividend On The Way From Oxford Lane Capital Corporation's Preferred Stock Series 2017

On 12/17/14, Oxford Lane Capital Corporation's 8.50% Preferred Stock Series 2017 (OXLCP) will trade ex-dividend, for its monthly dividend of $0.1771, payable on 12/31/14. As a percentage of OXLCP's recent share price of $25.25, this dividend works out to approximately 0.70%, so look for shares of OXLCP to trade 0.70% lower all else being equal when OXLCP shares open for trading on 12/17/14..