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Stock impact report

Oxford Lane Capital Corp. Announces Dividend Declaration of 6.75% New Series 2024 Term Preferred Stock

Oxford Lane Capital Corp. - Closed End Fund (OXLC) 
US:NASDAQ Investor Relations: oxfordlanecapital.com
Company Research Source: GlobeNewswire
GREENWICH, Conn., July 12, 2017 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NASDAQ:OXLC) (NASDAQ:OXLCO) (NASDAQ:OXLCN) (NASDAQ:OXLCM) (“OXLC” or the “Company”) announced today that our Board of Directors has declared the dividend for the period June 14, 2017 through July 31, 2017 on our New Series 2024 Term Preferred Shares as follows:   Per Share Dividend Amount Declared Record Dates Payment Dates                   New Series 2024 $0.22031 July 17, 2017 July 31, 2017  About Oxford Lane Capital Corp. Oxford Lane Capital Corp. is a publicly traded registered closed-end management investment company. Our investment objective is to maximize our portfolio's risk-adjusted total return by purchasing portions of equity and junior debt tranches of collateralized loan obligation ("CLO") vehicles. Structurally, CLO vehicles are entities formed to originate and manage a portfolio of loans. The CLO vehicles which we focus on are collateralized primarily by senior secured loans made to compa Show less Read more
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