Monthly Dividend Declared for 6.25% Preferred Shares
Oxford Lane Capital’s 6.25% Preferred Shares (OXLCP) will distribute a monthly dividend of $0.1302 per share, according to the latest corporate announcement. The declared payment represents a forward annual yield of approximately 6.33% based on current share valuations.
Dividend Payment Schedule
Shareholders of record as of March 17 will receive their dividend payment on March 31. The ex-dividend date for this payment is set for March 17. A subsequent payment scheduled for April 30 will be distributed to shareholders on record as of April 16, with an ex-dividend date of April 16.
This dividend declaration maintains Oxford Lane Capital’s established pattern of monthly distributions for its preferred shareholders. Market analysts typically monitor such preferred share offerings for their consistent income potential in investment portfolios.
