Oxford Lane Capital Corp. 5.00% Notes due 2027 to Issue Quarterly Dividend of $0.31 (NASDAQ:OXLCZ)

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) announced a quarterly dividend on Friday, March 21st, Wall Street Journal reports. Investors of record on Monday, December 15th will be paid a dividend of 0.3125 per share on Wednesday, December 31st. This represents a $1.25 annualized dividend and a dividend yield of 5.25%. The ex-dividend date is Monday, December 15th.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Trading Down 0.0 %

Shares of NASDAQ OXLCZ traded down $0.01 during trading on Friday, reaching $23.83. 2,913 shares of the stock were exchanged, compared to its average volume of 4,819. The business’s 50-day moving average price is $23.92 and its 200 day moving average price is $23.75. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a twelve month low of $22.95 and a twelve month high of $24.37.

Oxford Lane Capital Corp. 5.00% Notes due 2027 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.