In trading on Tuesday, shares of Oxford Lane Capital Corporation's 8.50% Preferred Stock Series 2017 (OXLCP) were yielding above the 8.5% mark based on its monthly dividend (annualized to $2.1252), with shares changing hands as low as $24.80 on the day. This compares to an average yield of 5.79% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, OXLCP was trading at a 1.20% premium to its liquidation preference amount, versus the average premium of 0.01% in the "Financial" category.The chart below shows the one year performance of OXLCP shares, versus OXLC: Below is a dividend history chart for OXLCP, showing historical dividend payments on Oxford Lane Capital Corporation's 8.50% Preferred Stock Series 2017: In Tuesday trading, Oxford Lane Capital Corporation's 8.50% Preferred Stock Series 2017 ( OXLCP) is currently off about 0.4% on the day, while the common shares ( OXLC) are off about 6.3%.
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