Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ – Get Free Report) is expected to announce its resultson Tuesday, May 12th. Analysts expect the company to announce earnings of $2.26 per share and revenue of $244.2660 million for the quarter.
Oxford Lane Capital Corp. 5.00% Notes due 2027 Price Performance
Oxford Lane Capital Corp. 5.00% Notes due 2027 stock traded down $0.04 during trading on Tuesday, reaching $24.78. The company had a trading volume of 3,535 shares, compared to its average volume of 6,838. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 12-month low of $23.81 and a 12-month high of $24.83. The stock’s 50 day moving average price is $24.57 and its two-hundred day moving average price is $24.47.
Oxford Lane Capital Corp. 5.00% Notes due 2027 Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $0.3125 dividend. The ex-dividend date is Monday, June 15th. This represents a $1.25 dividend on an annualized basis and a yield of 5.0%.
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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