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 18.93%.
Dividend Yield Range
AI Analysis of OXLC
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 18.93% |
|---|---|
| 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 |
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 | |
|---|---|---|---|---|---|
| 41 | Feb 04, 2021 | Jun 15, 2021 | Jun 30, 2021 | $0.0680 | 0.92% |
| 42 | Feb 03, 2021 | May 13, 2021 | May 28, 2021 | $0.0680 | 0.98% |
| 43 | Feb 03, 2021 | Apr 15, 2021 | Apr 30, 2021 | $0.0680 | 1.01% |
| 44 | Nov 05, 2020 | Mar 16, 2021 | Mar 31, 2021 | $0.0680 | 1.08% |
| 45 | Nov 04, 2020 | Feb 11, 2021 | Feb 26, 2021 | $0.0680 | 1.09% |
| 46 | Nov 04, 2020 | Jan 14, 2021 | Jan 29, 2021 | $0.0680 | 1.09% |
| 47 | Aug 04, 2020 | Dec 15, 2020 | Dec 31, 2020 | $0.0680 | 1.26% |
| 48 | Aug 03, 2020 | Nov 12, 2020 | Nov 30, 2020 | $0.0680 | 1.35% |
| 49 | Aug 03, 2020 | Oct 15, 2020 | Oct 30, 2020 | $0.0680 | 1.57% |
| 50 | Jul 02, 2020 | Sep 15, 2020 | Sep 30, 2020 | $0.0680 | 1.55% |
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
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 18.93%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.82%). 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 (11.02%).
OXLC Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Oxford Lane Capital Corp. | 1.315B | $0.0800 | 18.93% | 107.33% | |
| Peoples Bancorp Inc. | 1.067B | $0.400 | 5.48% | 47.04% | |
| Camden National Corporation | 475.302M | $0.420 | 5.17% | 55.86% | |
| Watford Holdings Ltd. | 18.159M | $0.0550 | 1.87% | - | |
| CNinsure Inc | 184.88M | $0.150 | 0% | - |
