Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL – Get Free Report)’s share price was down 0.4% on Thursday . The stock traded as low as $24.40 and last traded at $24.40. 639 shares were traded during mid-day trading, a decline of 85% from the average session volume of 4,186 shares. The stock had previously closed at $24.50.
Oxford Lane Capital Corp. 6.75% Notes due 2031 Price Performance
The business has a fifty day moving average of $24.45 and a 200 day moving average of $24.20.
Oxford Lane Capital Corp. 6.75% Notes due 2031 Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.4219 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 6.9%.
Institutional Inflows and Outflows
Oxford Lane Capital Corp. 6.75% Notes due 2031 Company Profile
Oxford Lane Capital Corp. is a closed-end management investment company organized under the Investment Company Act of 1940 and listed on the Nasdaq Global Market. The firm focuses on generating attractive risk-adjusted returns primarily through investments in U.S. consumer credit asset-backed securities and corporate loans. Its portfolio typically includes collateralized loan obligations (CLOs), collateralized debt obligations (CDOs), and other structured finance instruments secured by auto loans, credit card receivables, personal loans and similar consumer assets.
Since its initial public offering in 2012, Oxford Lane Capital has sought to capitalize on opportunities in the U.S.
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