Oxford Lane Capital Corp. 6.75% Notes due 2031 Announces Quarterly Dividend of $0.42 (NASDAQ:OXLCL)

Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) declared a quarterly dividend on Monday, March 24th, Wall Street Journal reports. Investors of record on Monday, December 15th will be given a dividend of 0.4219 per share on Wednesday, December 31st. This represents a $1.69 dividend on an annualized basis and a yield of 7.21%. The ex-dividend date is Monday, December 15th.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Stock Performance

NASDAQ OXLCL opened at $23.40 on Tuesday. Oxford Lane Capital Corp. 6.75% Notes due 2031 has a 52 week low of $23.12 and a 52 week high of $24.68. The business has a 50 day moving average price of $23.67 and a 200-day moving average price of $23.90.

About Oxford Lane Capital Corp. 6.75% Notes due 2031

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.