Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ – Get Free Report) traded down 0.3% during mid-day trading on Wednesday . The stock traded as low as $23.15 and last traded at $23.25. 5,925 shares traded hands during mid-day trading, an increase of 41% from the average session volume of 4,191 shares. The stock had previously closed at $23.32.
Oxford Lane Capital Corp. 5.00% Notes due 2027 Price Performance
The company’s 50 day simple moving average is $23.23 and its 200-day simple moving average is $23.08.
Oxford Lane Capital Corp. 5.00% Notes due 2027 Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, July 1st. Stockholders of record on Saturday, June 15th will be paid a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a dividend yield of 5.38%. The ex-dividend date is Friday, June 14th.
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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