Shares of Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ – Get Free Report) were down 0.1% during trading on Thursday . The stock traded as low as $24.73 and last traded at $24.73. Approximately 5,639 shares traded hands during mid-day trading, a decline of 11% from the average daily volume of 6,324 shares. The stock had previously closed at $24.75.
Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Performance
The company has a 50-day moving average of $24.74 and a 200-day moving average of $24.62.
Oxford Lane Capital Corp. 5.00% Notes due 2027 Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.3125 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.25 annualized dividend and a yield of 5.1%.
About Oxford Lane Capital Corp. 5.00% Notes due 2027
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.
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