Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ – Get Free Report) shares were down 0.3% during mid-day trading on Wednesday . The company traded as low as $23.15 and last traded at $23.25. Approximately 5,925 shares were traded during trading, an increase of 41% from the average daily volume of 4,191 shares. The stock had previously closed at $23.32.
Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Performance
The stock has a 50-day moving average price of $23.24 and a 200-day moving average price of $23.08.
Oxford Lane Capital Corp. 5.00% Notes due 2027 Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 1st. Stockholders of record on Saturday, June 15th will be given a dividend of $0.3125 per share. The ex-dividend date is Friday, June 14th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.39%.
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.
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