Oxford Lane Capital Corp 8.125% Series 2024 Cumulative Preferred Stock (Monthly)
By: Tim McPartland,
Series 2024 Term Preferred Stock
S&P Rating NR Moodys Rating NR
Security Ticker Symbol OXLCN
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Market Traded ON NASDAQ
Dividend Payment Paid Monthly on the last day of the month beginning on July 31, 2014
Monthly Dividend .17 Annual Dividend 2.0313
Securities may be redeemed, at the issuers option, as early as 6/30/2017 for a redemption price of $25/share plus accrued dividends
Dividend Payment Likely Will NOT be Qualified Distributions
Maturity Date 06/30/2024
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Tim McPartland
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Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
