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

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) declared a quarterly dividend on Wednesday, September 11th, Wall Street Journal reports. Investors of record on Sunday, September 15th will be given a dividend of 0.3125 per share on Monday, September 30th. This represents a $1.25 annualized dividend and a dividend yield of 5.28%. The ex-dividend date is Friday, September 13th.

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

Shares of OXLCZ stock opened at $23.65 on Thursday. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a fifty-two week low of $21.93 and a fifty-two week high of $23.65. The stock’s 50-day simple moving average is $23.42 and its 200-day simple moving average is $23.27.

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.