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

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) declared 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 of this dividend is Monday, December 15th.

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

NASDAQ OXLCZ traded down $0.01 during mid-day 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 fifty day simple moving average is $23.92 and its 200 day simple moving average is $23.75. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 1-year low of $22.95 and a 1-year high of $24.37.

About Oxford Lane Capital Corp. 5.00% Notes due 2027

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.