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

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) declared a quarterly dividend on Tuesday, May 19th. Stockholders of record on Monday, June 15th will be given a dividend of 0.3125 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Monday, June 15th.

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

OXLCZ traded down $0.06 during trading hours on Wednesday, reaching $24.80. 1,370 shares of the company’s stock traded hands, compared to its average volume of 6,625. The firm has a 50-day moving average price of $24.63 and a 200 day moving average price of $24.52. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 52-week low of $23.82 and a 52-week high of $24.89.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Company Profile

The Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ: OXLCZ) are senior unsecured debt securities issued by Oxford Lane Capital Corp., a closed-end management investment company organized as a business development company under the Investment Company Act of 1940. These fixed-rate notes carry a 5.00% annual coupon, payable semi-annually, and mature in 2027. They trade on the Nasdaq Capital Market under the ticker symbol OXLCZ, providing investors with an opportunity to gain exposure to the yield generated by Oxford Lane Capital’s diversified investment portfolio.

Oxford Lane Capital Corp.