Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Shares Down 0.1% – Here’s What Happened

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ)’s share price traded down 0.1% during mid-day trading on Thursday . The company 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 session 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 firm’s 50 day moving average price is $24.74 and its 200 day moving average price is $24.62.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Announces Dividend

The firm 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 dividend on an annualized basis and a yield of 5.1%.

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.