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

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) declared a quarterly dividend on Saturday, August 15th. Investors of record on Tuesday, September 15th will be given a dividend of 0.3125 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend is Tuesday, September 15th.

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

Shares of OXLCZ opened at $24.98 on Friday. The company’s fifty day moving average is $24.77 and its two-hundred day moving average is $24.68. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 1 year low of $24.10 and a 1 year high of $24.98.

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.