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

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) declared a quarterly dividend on Monday, March 24th, Wall Street Journal reports. Stockholders 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 5.24%. The ex-dividend date of this dividend is Monday, December 15th.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Price Performance

Shares of NASDAQ OXLCZ opened at $23.87 on Tuesday. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 52 week low of $22.95 and a 52 week high of $24.37. The business’s 50-day simple moving average is $23.92 and its 200-day simple moving average is $23.76.

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.