OXLCO Oxford Lane Capital Corp. Preferred Stock, 6.00% Series 2029

We will pay cumulative monthly dividends on the Series 2029 Term Preferred Shares at an annual rate of 6.00% of the $25 liquidation preference per share, or $1.50 per Series 2029 Term Preferred Share per year, on the last business day of each month, commencing September 30, 2021. We are required to redeem all of the outstanding Series 2029 Term Preferred Shares on August 31, 2029 at a redemption price equal to $25 per share plus an amount equal to accumulated but unpaid dividends, if any, to, but excluding, the date of redemption. At any time on or after August 31, 2024, at our sole option, we may redeem, from time to time, the Series 2029 Term Preferred Shares in whole or in part, out of funds legally available for such redemption, at a price per share equal to the sum of the Liquidation Preference plus an amount equal to accumulated but unpaid dividends, if any, on such shares (whether or not earned or declared, but excluding interest on such dividends) to, but excluding, the date fixed for such redemption.   This security was issued by Oxford Lane Capital CEF, whose common stock symbol is OXLC.

$22.89
As of 06/30/2022     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  
Index country:  USA
Country of incorporation:  
IPO date:  07/01/2013
Outstanding shares:  2,400,000
Average volume:  3,453
Market cap:   $54,960,000
Current dividend yield:  6.55%    calculation
Coupon rate:    6.000%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   08/31/2024
Maturity date:    08/31/2029
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      

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