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

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) announced a quarterly dividend on Saturday, May 16th. Investors of record on Monday, June 15th will be given a dividend of 0.3125 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date is Monday, June 15th.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Trading Up 0.1%

NASDAQ OXLCZ traded up $0.02 on Friday, reaching $24.75. The company had a trading volume of 3,783 shares, compared to its average volume of 6,725. The company’s fifty day moving average is $24.62 and its 200 day moving average is $24.50. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 52-week low of $23.82 and a 52-week high of $24.85.

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.