Dividends Paid by Closed End Fund Preferreds may be qualified or may not be qualified distributions. Investors should check the issuer info closely to see what the current dividend status is at the time of investment
Sector: CEF
Tri-Continental Corp., $2.50 Cumulative Preferred Stock ($50 issue)
Shares are redeemable at ANYTIME for $55/share.
Dividends Paid by Closed End Fund Preferreds may be qualified or may not be qualified distributions. Investors should check the issuer info closely to see what the current dividend status is at the time of investment
No prospectus is available for this 1963 issued preferred.
As of 12/31/2022 there are 752,740 shares outstanding
Oxford Lane Capital Corp., 8.125% Cumulative Series 2024 Term Preferred Shares–REDEEMED
Oxford Lane Capital Corp., 7.50% Cumulative Series 2023 Term Preferred Shares
As of 9/30/2019 there are approximately 3.6 million shares outstanding of this issue—at the money offerings have been substantial.
GREENWICH, Conn., Feb. 11, 2020 (GLOBE NEWSWIRE) — Oxford Lane Capital Corp. (the “Company”) (NasdaqGS: OXLC, OXLCO and OXLCM) announced today that it has called for redemption and will redeem on March 12, 2020 (the “Redemption Date”) 1,200,000 of the issued and outstanding shares of the Company’s 7.50% Series 2023 Term Preferred Stock (the “Shares”), which is traded on the NASDAQ Global Select Market under the ticker OXLCO, for a redemption price of $25 per Share plus $0.05729167 in accrued but unpaid dividends per Share to the Redemption Date, for a redemption price of $25.05729167 per Share or an aggregate redemption price of $30,068,750. The Shares will be redeemed from each holder of the Shares pro rata based upon the number of outstanding Shares held by such holder.