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Oxford Lane Capital Corp. Stock Dividends Overview

OXLC pays dividends monthly. Last paid amount was $0.0800 at May 31, 2024. As of today, dividend yield (TTM) is 21.85%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 21.85%
Frequency Monthly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.0800
Next Ex-Dividend Date Jun 13, 2024
Next Payment Date Jun 28, 2024

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.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 16, 2024 Sep 16, 2024 Sep 30, 2024 $0.0900 1.64%
2 Aug 16, 2024 Aug 16, 2024 Aug 30, 2024 $0.0900 1.64%
3 Jul 17, 2024 Jul 17, 2024 Jul 31, 2024 $0.0900 1.64%
4 Jan 25, 2024 Jun 14, 2024 Jun 28, 2024 $0.0800 1.45%
5 Jan 31, 2024 Jun 13, 2024 Jun 28, 2024 $0.0800 1.45%
6 Jan 30, 2024 May 16, 2024 May 31, 2024 $0.0800 1.47%
7 Apr 15, 2024 Apr 15, 2024 Apr 30, 2024 $0.0800 1.60%
8 Oct 26, 2023 Mar 14, 2024 Mar 31, 2024 $0.0800 1.57%
9 Oct 26, 2023 Feb 14, 2024 Feb 29, 2024 $0.0800 1.57%
10 Oct 26, 2023 Jan 16, 2024 Jan 31, 2024 $0.0800 1.56%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (99.35%)

Growth potential

Stable (9.53%)

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 21.85%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.95%). 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 (10.81%).

OXLC Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
Oxford Lane Capital Corp. 1.465B $0.0800 21.85% 70.86%
Peoples Bancorp Inc. 1.006B $0.400 5.48% 47.04%
CAC
Camden National Corporation 466.538M $0.420 5.17% 55.86%
Watford Holdings Ltd. 19.338M $0.0550 1.87% -
CNinsure Inc 171.27M $0.150 0% -

FAQ

What factors can affect the amount of OXLC's dividend payments?
The amount of OXLC's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in OXLC sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from OXLC stock be automatically reinvested?
If OXLC offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy OXLC stock.

How often does OXLC pay dividend?
Oxford Lane Capital Corp. (OXLC) pays dividends monthly. The most recent payout was on May 31, 2024. The upcoming dividend Ex Date is Jun 13, 2024, with an amount of $0.0800.

How much does OXLC pays per share?
The last recorder (May 16, 2024) dividend per share was $0.0800.

What is OXLC dividend growth rate?
Over the last year, Oxford Lane Capital Corp. has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 5.57%. Furthermore, examining the past 5 years, Oxford Lane Capital Corp. has maintained an average Dividends Per Share Growth Rate of -9.94%.
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About Oxford Lane Capital Corp.

Oxford Lane Capital . Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.... OXLC Profile

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