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

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) announced a quarterly dividend on Wednesday, May 14th, NASDAQ Dividends reports. Stockholders of record on Sunday, June 15th will be paid a dividend of 0.3125 per share on Monday, June 30th. This represents a $1.25 annualized dividend and a dividend yield of 5.21%. The ex-dividend date is Friday, June 13th.

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

Shares of NASDAQ OXLCZ opened at $24.00 on Thursday. The business has a 50 day simple moving average of $23.81 and a 200 day simple moving average of $23.81. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 52 week low of $23.00 and a 52 week high of $24.37.

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.