Oxford Lane Capital Corp. Stock Dividends
OXLC pays dividends monthly. Last paid amount was $0.0800 at Apr 30, 2024. As of today, dividend yield (TTM) is 18.96%.
Dividend Yield Range
AI Analysis of OXLC
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 18.96% |
|---|---|
| Frequency | Monthly |
| 1Y Growth | 6.67% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0800 |
| Next Ex-Dividend Date | May 16, 2024 |
| Next Payment Date | May 31, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from OXLC the purchase should be done within the next 11 days.
Here's a simple guide on how to buy OXLC stock.
OXLC Dividend Payout History
To ensure a understanding of OXLC's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 31, 2024 | Jun 13, 2024 | Jun 28, 2024 | $0.0800 | 1.55% |
| 2 | Jan 30, 2024 | May 16, 2024 | May 31, 2024 | $0.0800 | 1.55% |
| 3 | Apr 15, 2024 | Apr 15, 2024 | Apr 30, 2024 | $0.0800 | 1.60% |
| 4 | Oct 26, 2023 | Mar 14, 2024 | Mar 31, 2024 | $0.0800 | 1.57% |
| 5 | Oct 26, 2023 | Feb 14, 2024 | Feb 29, 2024 | $0.0800 | 1.57% |
| 6 | Oct 26, 2023 | Jan 16, 2024 | Jan 31, 2024 | $0.0800 | 1.56% |
| 7 | Jul 27, 2023 | Dec 14, 2023 | Dec 29, 2023 | $0.0800 | 1.62% |
| 8 | Jul 27, 2023 | Nov 15, 2023 | Nov 30, 2023 | $0.0800 | 1.64% |
| 9 | Jul 27, 2023 | Oct 16, 2023 | Oct 31, 2023 | $0.0800 | 1.69% |
| 10 | May 10, 2023 | Sep 14, 2023 | Sep 29, 2023 | $0.0800 | 1.60% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
OXLC Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from OXLC dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in OXLC stock here.
Comparing OXLC to Sector and Country
OXLC pays a solid dividend yield of 18.96%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.86%). OXLC’s dividend yield is higher than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.10%).
OXLC Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Oxford Lane Capital Corp. | 1.128B | $0.0800 | 18.96% | -352.34% | |
| Peoples Bancorp Inc. | 1.061B | $0.390 | 6.97% | 45.73% | |
| Camden National Corporation | 468.034M | $0.420 | 5.17% | 41.89% | |
| Watford Holdings Ltd. | 20.243M | $0.0550 | 1.87% | - | |
| CNinsure Inc | 169.732M | $0.150 | 0% | - |
