Oxford Lane Capital Corp.
OXLCFinancial Services · Stock · monthly payer
$9.85
Add to PortfolioForward Yield
24.37%
Annual Dividend
$2.40
Payout Ratio
1216%
5-Yr Growth
-2.4%
Ex-Date
Jun 16, 2026
Frequency
Monthly
OXLC Dividend Safety Score
50/ 100
Grade C
Borderline
Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage1216% of earnings paid out
Balance-sheet strengthDebt/equity of 0.75
Yield vs its historyYield is 1.4× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is OXLC a good dividend stock?
MixedOxford Lane Capital Corp. (OXLC) pays a monthly dividend yielding 24.37% ($2.40/yr), with 4 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2021
- Elevated payout ratio (1216%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 24.37%
- Payout Ratio
- 1216%
- Annual Dividend
- $2.40
- 5-Yr Avg Growth
- -2.4%
- Ex-Dividend Date
- Jun 16, 2026
- Years of Growth
- 4
- Frequency
- monthly
- Beta
- 0.62
- Market Cap
- $961.8M
- P/E Ratio
- —
- 5-Yr Total Return
- -74%
- 52-Week Range
- $8.01 – $22.70
- Dividend Safety
- C · 50/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.2000 | regular |
| Apr 16, 2026 | — | $0.2000 | regular |
| Mar 17, 2026 | — | $0.4000 | regular |
| Feb 13, 2026 | — | $0.4000 | regular |
| Jan 16, 2026 | — | $0.4000 | regular |
| Dec 17, 2025 | — | $0.4000 | regular |
| Nov 14, 2025 | — | $0.4000 | regular |
| Oct 17, 2025 | — | $0.4000 | regular |
| Sep 16, 2025 | — | $0.4500 | regular |
| Aug 15, 2025 | — | $0.4500 | regular |
| Jul 17, 2025 | — | $0.4500 | regular |
| Jun 16, 2025 | — | $0.4500 | regular |
| May 16, 2025 | — | $0.4500 | regular |
| Apr 16, 2025 | — | $0.4500 | regular |
Income Calculator
At $2.40 / yr per share
Per payment (monthly)$20.00
Annual$240.00
Monthly avg$20.00
