Shares of Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL – Get Free Report) shot up 0.1% during trading on Friday . The company traded as high as $24.00 and last traded at $24.00. 4,613 shares were traded during trading, an increase of 20% from the average session volume of 3,845 shares. The stock had previously closed at $23.98.
Oxford Lane Capital Corp. 6.75% Notes due 2031 Price Performance
The stock’s 50-day moving average price is $24.04 and its two-hundred day moving average price is $23.58.
Oxford Lane Capital Corp. 6.75% Notes due 2031 Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Friday, March 15th were issued a $0.4219 dividend. This represents a $1.69 dividend on an annualized basis and a yield of 7.03%. The ex-dividend date of this dividend was Thursday, March 14th.
Oxford Lane Capital Corp. 6.75% Notes due 2031 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.
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