Oxford Lane Capital Corp. 5.00% Notes due 2027 (OXLCZ) Set to Release Quarterly Earnings on Friday

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) is expected to be issuing its results before the market opens on Friday, October 30th. Analysts expect the company to post earnings of $1.81 per share and revenue of $176.68 million for the quarter.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Performance

Shares of OXLCZ stock opened at $24.98 on Thursday. The firm has a fifty day simple moving average of $24.98 and a two-hundred day simple moving average of $24.75. Oxford Lane Capital Corp. 5.00% Notes due 2027 has a 12 month low of $24.18 and a 12 month high of $25.15.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 15th will be paid a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend is Tuesday, December 15th.

About Oxford Lane Capital Corp. 5.00% Notes due 2027

Oxford Lane Capital Corp. 5.00% Notes due 2027 are debt securities issued by Oxford Lane Capital Corp., a publicly traded, non-diversified closed-end management investment company. The notes represent obligations of the issuer rather than a separate operating business and trade on the Nasdaq Stock Market under the symbol OXLCZ.

Oxford Lane Capital invests primarily in collateralized loan obligation (CLO) securities, with an emphasis on equity and junior debt tranches. CLOs are investment vehicles backed mainly by portfolios of senior secured corporate loans.