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

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) announced a quarterly dividend on Tuesday, March 11th, Wall Street Journal reports. Investors of record on Saturday, March 15th will be paid a dividend of 0.3125 per share on Monday, March 31st. This represents a $1.25 annualized dividend and a yield of 5.19%. The ex-dividend date of this dividend is Friday, March 14th.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Down 0.1 %

Shares of OXLCZ stock opened at $24.09 on Wednesday. The stock’s fifty day simple moving average is $23.90 and its 200 day simple moving average is $23.73. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a one year low of $22.95 and a one year high of $24.37.

About Oxford Lane Capital Corp. 5.00% Notes due 2027

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.