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

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) declared a quarterly dividend on Sunday, February 15th. Stockholders of record on Sunday, March 15th will be given a dividend of 0.3125 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend is Friday, March 13th.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Trading Down 0.1%

Oxford Lane Capital Corp. 5.00% Notes due 2027 stock traded down $0.01 during midday trading on Friday, reaching $24.59. The stock had a trading volume of 2,141 shares, compared to its average volume of 5,428. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 12 month low of $23.44 and a 12 month high of $24.70. The firm’s 50-day moving average price is $24.47 and its 200 day moving average price is $24.34.

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.