Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL – Get Free Report) announced a quarterly dividend on Saturday, August 15th. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.4219 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 6.9%. The ex-dividend date of this dividend is Tuesday, September 15th.
Oxford Lane Capital Corp. 6.75% Notes due 2031 Stock Up 0.5%
NASDAQ:OXLCL opened at $24.47 on Friday. The stock has a 50-day simple moving average of $24.47 and a 200-day simple moving average of $24.25. Oxford Lane Capital Corp. 6.75% Notes due 2031 has a 1 year low of $23.42 and a 1 year high of $24.99.
Institutional Investors Weigh In On Oxford Lane Capital Corp. 6.75% Notes due 2031
An institutional investor recently bought a new position in Oxford Lane Capital Corp. 6.75% Notes due 2031 stock. Karpus Management Inc. bought a new stake in Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 38,367 shares of the company’s stock, valued at approximately $924,000.
About Oxford Lane Capital Corp. 6.75% Notes due 2031
Oxford Lane Capital Corp. is a closed-end management investment company organized under the Investment Company Act of 1940 and listed on the Nasdaq Global Market. The firm focuses on generating attractive risk-adjusted returns primarily through investments in U.S. consumer credit asset-backed securities and corporate loans. Its portfolio typically includes collateralized loan obligations (CLOs), collateralized debt obligations (CDOs), and other structured finance instruments secured by auto loans, credit card receivables, personal loans and similar consumer assets.
Since its initial public offering in 2012, Oxford Lane Capital has sought to capitalize on opportunities in the U.S.
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