Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL – Get Free Report)’s stock price was up 0.1% during mid-day trading on Friday . The company traded as high as $24.00 and last traded at $24.00. Approximately 4,613 shares changed hands during trading, an increase of 20% from the average daily volume of 3,845 shares. The stock had previously closed at $23.98.
Oxford Lane Capital Corp. 6.75% Notes due 2031 Stock Performance
The stock has a 50 day simple moving average of $24.04 and a 200 day simple moving average of $23.58.
Oxford Lane Capital Corp. 6.75% Notes due 2031 Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 15th were given a $0.4219 dividend. This represents a $1.69 dividend on an annualized basis and a dividend yield of 7.03%. The ex-dividend date was Thursday, March 14th.
About Oxford Lane Capital Corp. 6.75% Notes due 2031
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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