Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) to Issue Dividend Increase – $0.42 Per Share

Posted by Linda Flegge on Mar 12th, 2025

Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL – Get Free Report) declared a quarterly dividend on Tuesday, March 11th, Wall Street Journal reports. Investors of record on Saturday, March 15th will be paid a dividend of 0.4219 per share on Monday, March 31st. This represents a $1.69 annualized dividend and a yield of 7.08%. The ex-dividend date of this dividend is Friday, March 14th. This is a 0.0% increase from Oxford Lane Capital Corp. 6.75% Notes due 2031’s previous quarterly dividend of $0.42.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Stock Down 0.1 %

Shares of NASDAQ:OXLCL opened at $23.83 on Wednesday. Oxford Lane Capital Corp. 6.75% Notes due 2031 has a 12-month low of $23.12 and a 12-month high of $24.68. The business has a fifty day simple moving average of $23.66 and a 200 day simple moving average of $23.94.

About Oxford Lane Capital Corp. 6.75% Notes due 2031

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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.