Oxford Lane Capital Corp. 6.75% Notes due 2031 (OXLCL) To Go Ex-Dividend on June 15th

Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) declared a quarterly dividend on Friday, January 1st. Stockholders of record on Monday, June 15th will be paid a dividend of 0.4219 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 6.9%. The ex-dividend date of this dividend is Monday, June 15th.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Price Performance

NASDAQ:OXLCL opened at $24.51 on Friday. The stock has a 50 day simple moving average of $24.24 and a 200 day simple moving average of $24.15. Oxford Lane Capital Corp. 6.75% Notes due 2031 has a 1-year low of $23.18 and a 1-year high of $24.99.

Institutional Trading of Oxford Lane Capital Corp. 6.75% Notes due 2031

A hedge fund recently bought a new stake in Oxford Lane Capital Corp. 6.75% Notes due 2031 stock. Karpus Management Inc. purchased a new position in shares of Oxford Lane Capital Corp. 6.75% Notes due 2031 (NASDAQ:OXLCL) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 38,367 shares of the company’s stock, valued at approximately $924,000.

About Oxford Lane Capital Corp. 6.75% Notes due 2031

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.