Oxford Lane Capital Corp. (OXLC) Dividend History, Dates & Yield - Stock Analysis (2024)

FAQs

Is OXLC dividend sustainable? ›

The Sustainability Question: Payout Ratio and Profitability

As of 2023-09-30, Oxford Lane Capital Corp's dividend payout ratio is 1.41, which may suggest that the company's dividend may not be sustainable.

Based on 8 analysts tracking and researching Oxford Lane Capital Corp. (OXLC) share have buy recommendation on an average.

OXLC pays a dividend of $0.08 per share. OXLC's annual dividend yield is 19.01%. When is Oxford Lane Capital ex-dividend date? Oxford Lane Capital's upcoming ex-dividend date is on Jun 14, 2024.

Oxford Lane Capital Dividend Information

The dividend is paid every month and the next ex-dividend date is Jun 14, 2024.

Oxford Lane Capital Corp. (the “Company”) is a closed-end, non-diversified management investment company. An investment in the Company is speculative and entails substantial risk.

The company has negative operating cash flow and is diluting its stakeholders. Leading indicators point to a slowdown in CLO investment activity. Return profiles have shrunk and there is no meaningful recovery in investment value above cost. OXLC trades at a premium to NAV, reducing the margin of safety for buys.

Price Prediction for years 2024 and 2025 to 2030. According to our current OXLC stock forecast, the value of Oxford Lane Capital Corp. shares will drop by -0.39% and reach $ 4.97 per share by May 4, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 39 (Fear).

It currently seeks to achieve its investment objective of maximizing risk-adjusted total return by investing in debt and equity tranches of CLO vehicles. CLO investments may also include warehouse facilities, which are financing structures intended to aggregate loans that may be used to form the basis of a CLO vehicle.

OXLC Oxford Lane Capital Corp, closed-end fund summary - CEF Connect - Brought to you by Nuveen Closed-End Funds.

What is main street capital yield? ›

MAIN's annual dividend yield is 5.83%. When is Main Street Capital Corp. ex-dividend date? Main Street Capital's upcoming ex-dividend date is on Jun 07, 2024.

At the most basic level, you only need to own a stock by the ex-dividend date (or deadline) in order to get the dividend. And you can sell the stock a day or two after that, once everything settles. So in theory, you only need to own the stock for a couple of days to get the dividend.

The Procter & Gamble Company (NYSE:PG), Johnson & Johnson (NYSE:JNJ), and Colgate-Palmolive Company (NYSE:CL) are some of the best dividend growers to generate regular income as these companies have raised their payouts for decades.

Investors must have bought the stock at least two days before the official date of a dividend payment (the "date of record") in order to receive that payment. The company pays out the dividend to shareholders.

Dividend Payout Ratio

Generally, a company that pays out less than 50% of its earnings in the form of dividends is considered stable, and the company has the potential to raise its earnings over the long term.

No, EARN's past year earnings per share was $0.31, and their annual dividend per share is $0.88. EARN's dividend payout ratio is 309.7%, which is not sustainable.

If the same project is able to provide other secondary benefits which help improve aspects of sustainability, then it can be considered to have created a sustainability dividend. The sustainability dividend is vital if the money spent on addressing greenhouse emissions is to have the maximum effect possible.

TWO's dividend payout ratio is -2565.71% ($1.80/-$2.05) which is not sustainable.