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

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) announced a quarterly dividend on Friday, January 31st,Wall Street Journal reports. Shareholders 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 Stock Performance

NASDAQ OXLCZ opened at $23.83 on Friday. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 1-year low of $22.88 and a 1-year high of $23.92. The stock’s 50 day simple moving average is $23.76 and its 200-day simple moving average is $23.62.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Company Profile

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.