Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Stock Price Down 0% – Here’s Why

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) dropped 0% during trading on Monday . The stock traded as low as $23.72 and last traded at $23.72. Approximately 332 shares traded hands during trading, a decline of 92% from the average daily volume of 4,056 shares. The stock had previously closed at $23.73.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Trading Down 0.0 %

The firm’s 50-day moving average price is $23.61 and its two-hundred day moving average price is $23.44.

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

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Sunday, December 15th will be paid a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a yield of 5.27%. The ex-dividend date of this dividend is Friday, December 13th.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Company Profile

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.