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

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) announced a quarterly dividend on Friday, January 1st. Stockholders of record on Sunday, March 15th will be paid a dividend of 0.3125 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date is Friday, March 13th.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Up 0.2%

Shares of OXLCZ stock traded up $0.05 during trading on Wednesday, hitting $24.67. 5,226 shares of the stock traded hands, compared to its average volume of 6,894. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 52-week low of $23.44 and a 52-week high of $24.70. The firm’s fifty day moving average price is $24.53 and its 200-day moving average price is $24.38.

About Oxford Lane Capital Corp. 5.00% Notes due 2027

The Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ: OXLCZ) are senior unsecured debt securities issued by Oxford Lane Capital Corp., a closed-end management investment company organized as a business development company under the Investment Company Act of 1940. These fixed-rate notes carry a 5.00% annual coupon, payable semi-annually, and mature in 2027. They trade on the Nasdaq Capital Market under the ticker symbol OXLCZ, providing investors with an opportunity to gain exposure to the yield generated by Oxford Lane Capital’s diversified investment portfolio.

Oxford Lane Capital Corp.