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

Posted by Tyrone Williams on Jan 31st, 2025

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ – Get Free Report) declared a quarterly dividend on Friday, January 31st,Wall Street Journal reports. Shareholders 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 dividend on an annualized basis and a yield of 5.25%. The ex-dividend date is Friday, March 14th.

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

NASDAQ:OXLCZ traded down $0.02 during trading hours on Friday, reaching $23.83. 428 shares of the company traded hands, compared to its average volume of 4,317. The business’s 50-day moving average price is $23.76 and its two-hundred day moving average price is $23.62. 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.

About Oxford Lane Capital Corp. 5.00% Notes due 2027

(Get Free Report)

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.