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

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) declared a quarterly dividend on Saturday, May 16th. Investors of record on Monday, June 15th will be given a dividend of 0.3125 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date is Monday, June 15th.

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

Shares of Oxford Lane Capital Corp. 5.00% Notes due 2027 stock traded up $0.02 during midday trading on Friday, reaching $24.75. The company had a trading volume of 3,783 shares, compared to its average volume of 6,725. The stock has a fifty day moving average price of $24.62 and a 200 day moving average price of $24.50. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a fifty-two week low of $23.82 and a fifty-two week high of $24.85.

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.