Oxford Lane Capital Corp 6.75 % Cum Red Stock Dividends
OXLCM pays dividends monthly. Last paid amount was $0.141 at Mar 29, 2024. As of today, dividend yield (TTM) is 6.79%.
Dividend Yield Range
AI Analysis of OXLCM
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 6.79% |
|---|---|
| Frequency | Monthly |
| 1Y Growth | -0.262% |
| Payout Ratio | 0 |
| Amount Per Share | $0.141 |
| Next Ex-Dividend Date | Apr 15, 2024 |
| Next Payment Date | Apr 30, 2024 |
OXLCM Dividend Payout History
To ensure a understanding of OXLCM'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 | Feb 01, 2024 | May 16, 2024 | May 31, 2024 | $0.141 | 0.563% |
| 2 | Jan 31, 2024 | Apr 15, 2024 | Apr 30, 2024 | $0.141 | 0.563% |
| 3 | Jan 25, 2024 | Mar 14, 2024 | Mar 29, 2024 | $0.141 | 0.562% |
| 4 | Nov 10, 2023 | Feb 14, 2024 | Feb 29, 2024 | $0.141 | 0.562% |
| 5 | Oct 26, 2023 | Jan 16, 2024 | Jan 31, 2024 | $0.141 | 0.562% |
| 6 | Oct 26, 2023 | Dec 14, 2023 | Dec 29, 2023 | $0.141 | 0.565% |
| 7 | Jul 27, 2023 | Nov 15, 2023 | Nov 30, 2023 | $0.141 | 0.569% |
| 8 | Jul 27, 2023 | Oct 16, 2023 | Oct 31, 2023 | $0.141 | 0.570% |
| 9 | Jul 27, 2023 | Sep 14, 2023 | Sep 29, 2023 | $0.141 | 0.564% |
| 10 | May 10, 2023 | Aug 16, 2023 | Nov 30, 2023 | $0.141 | 0.567% |
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
OXLCM Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from OXLCM 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 OXLCM stock here.
Comparing OXLCM to Sector and Country
OXLCM pays a solid dividend yield of 6.79%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.89%). OXLCM’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.07%), which means that there are more attractive dividend stocks to consider.
OXLCM Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Capital Southwest Corporation | 1.113B | $0.630 | 10.88% | 108.37% | |
| Oxford Lane Capital Corp 6.75 % Cum Red Pfd Shs Series -2024- | 1.097B | $0.141 | 6.79% | 71.55% | |
| Bank of Marin Bancorp | 251.63M | $0.250 | 5.62% | 80.95% | |
| Farmers National Banc Corp. | 453.179M | $0.170 | 5.29% | 35.11% |
