Oxford Lane Capital Corp 6.75 % Cum Red Stock Dividends
OXLCM pays dividends monthly. Last paid amount was $0.141 at Apr 30, 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 | May 16, 2024 |
| Next Payment Date | May 31, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from OXLCM the purchase should be done within the next 6 days.
Here's a simple guide on how to buy OXLCM stock.
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 | |
|---|---|---|---|---|---|
| 31 | Jul 29, 2021 | Nov 15, 2021 | Nov 30, 2021 | $0.141 | 0.557% |
| 32 | Jul 29, 2021 | Oct 14, 2021 | Oct 29, 2021 | $0.141 | 0.557% |
| 33 | Jul 29, 2021 | Sep 15, 2021 | Sep 30, 2021 | $0.141 | 0.558% |
| 34 | Apr 29, 2021 | Aug 16, 2021 | Aug 31, 2021 | $0.141 | 0.558% |
| 35 | Apr 29, 2021 | Jul 15, 2021 | Jul 30, 2021 | $0.141 | 0.558% |
| 36 | Apr 29, 2021 | Jun 15, 2021 | Jun 30, 2021 | $0.141 | 0.559% |
| 37 | Jan 29, 2021 | May 13, 2021 | May 28, 2021 | $0.141 | 0.556% |
| 38 | Jan 29, 2021 | Apr 15, 2021 | Apr 30, 2021 | $0.141 | 0.554% |
| 39 | Jan 29, 2021 | Mar 16, 2021 | Mar 31, 2021 | $0.141 | 0.559% |
| 40 | Oct 29, 2020 | Feb 11, 2021 | Feb 26, 2021 | $0.141 | 0.564% |
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 (1.83%). 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 (11.05%), 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 | 1.142B | $0.630 | 10.88% | 108.37% | |
| Oxford Lane Capital Corp 6.75 % Cum Red Pfd Shs Series -2024- | 1.145B | $0.141 | 6.79% | 71.55% | |
| Bank of Marin Bancorp | 257.823M | $0.250 | 5.49% | 90.40% | |
| Farmers National Banc Corp. | 463.316M | $0.170 | 5.29% | 35.11% |
