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

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZGet Free Report) declared a quarterly dividend on Friday, January 31st,Wall Street Journal reports. Investors of record on Saturday, March 15th will be given a dividend of 0.3125 per share on Monday, March 31st. This represents a $1.25 annualized dividend and a yield of 5.25%. The ex-dividend date is Friday, March 14th.

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

OXLCZ traded down $0.02 on Friday, hitting $23.83. 428 shares of the company were exchanged, compared to its average volume of 4,317. The firm has a fifty day simple moving average of $23.76 and a two-hundred day simple moving average of $23.62. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 12 month low of $22.88 and a 12 month high of $23.92.

About Oxford Lane Capital Corp. 5.00% Notes due 2027

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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.

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Dividend History for Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ)

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