Oxford Lane Capital Corp. 5.00% Notes due 2027 (OXLCZ) to Distribute Quarterly Dividend of $0.31 on December 31st

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) declared a quarterly dividend on Friday, March 21st, Wall Street Journal reports. Stockholders of record on Monday, December 15th will be paid a dividend of 0.3125 per share on Wednesday, December 31st. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.25%. The ex-dividend date of this dividend is Monday, December 15th.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Trading Down 0.0 %

Shares of NASDAQ:OXLCZ opened at $23.83 on Friday. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 1-year low of $22.95 and a 1-year high of $24.37. The firm has a fifty day moving average price of $23.92 and a 200 day moving average price of $23.75.

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.