Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ – Get Free Report)’s share price was down 0% on Thursday . The company traded as low as $24.93 and last traded at $24.9450. 2,954 shares traded hands during trading, a decline of 52% from the average daily volume of 6,200 shares. The stock had previously closed at $24.95.
Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Up 0.1%
The firm has a 50 day simple moving average of $24.76 and a two-hundred day simple moving average of $24.67.
Oxford Lane Capital Corp. 5.00% Notes due 2027 Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date is Tuesday, September 15th.
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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