Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) to Issue Quarterly Dividend of $0.42

Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) announced a quarterly dividend on Sunday, August 16th. Shareholders of record on Tuesday, December 15th will be paid a dividend of 0.4219 per share on Thursday, December 31st. This represents a c) annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend is Tuesday, December 15th.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Stock Performance

Shares of OXLCL stock opened at $24.47 on Monday. Oxford Lane Capital Corp. 6.75% Notes due 2031 has a 52-week low of $23.42 and a 52-week high of $24.99. The firm has a fifty day moving average of $24.47 and a 200-day moving average of $24.25.

About Oxford Lane Capital Corp. 6.75% Notes due 2031

Oxford Lane Capital Corp. is a closed-end management investment company organized under the Investment Company Act of 1940 and listed on the Nasdaq Global Market. The firm focuses on generating attractive risk-adjusted returns primarily through investments in U.S. consumer credit asset-backed securities and corporate loans. Its portfolio typically includes collateralized loan obligations (CLOs), collateralized debt obligations (CDOs), and other structured finance instruments secured by auto loans, credit card receivables, personal loans and similar consumer assets.

Since its initial public offering in 2012, Oxford Lane Capital has sought to capitalize on opportunities in the U.S.