SmarterDividends
OXLC

Oxford Lane Capital (OXLC) Dividend

Oxford Lane Capital Corp. · Financial Services · Asset Management · monthly payer

As of Nov 5, 2026, Oxford Lane Capital (OXLC) pays a monthly dividend of $0.20 per share, or $2.40 a year, a — yield at its $4.91 share price. The next ex-dividend date is Nov 16, 2026, paid Nov 30, 2026. It has raised its dividend 4 years in a row and has a dividend safety grade of D.

Forward Yield

—

Annual Dividend

$2.40

Payout Ratio

547%

5-Yr Growth

-2.9%

Ex-Date

Nov 16, 2026

Frequency

Monthly

Key facts about OXLC's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, OXLC's dividend safety grade from SmarterDividends is D (39 out of 100), which rates the dividend as unsafe.
  • By SmarterDividends' count, Oxford Lane Capital Corp. (OXLC) has raised its dividend for 4 consecutive years as of Nov 5, 2026.
  • OXLC last cut its regular dividend in 2021.
  • OXLC's next ex-dividend date is Nov 16, 2026, with payment on Nov 30, 2026. Shares must be owned before that date to receive the dividend.
  • OXLC's dividend has shrunk at an average rate of 2.9% a year over the past five years.
  • Oxford Lane Capital Corp. (OXLC) pays its dividend monthly, 12 times a year.
  • Oxford Lane Capital Corp. (OXLC) has raised its regular dividend 7 times and cut it 5 times across the 134 payments on record since 2011. Its most recent change was a 50.0% cut to $0.200 per share, going ex-dividend on Apr 16, 2026.
Cite this page

SmarterDividends, "OXLC Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/OXLC

Is OXLC a good dividend stock?

Higher risk

Oxford Lane Capital Corp. (OXLC) pays a monthly dividend yielding — ($2.40/yr), with 4 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.

Advantages

    Risks

    • Cut its dividend in 2021
    • Elevated payout ratio (547%)
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    —
    Payout Ratio
    547%
    Annual Dividend
    $2.40
    5-Yr Avg Growth
    -2.9%
    Ex-Dividend Date
    Nov 16, 2026
    Years of Growth
    4
    Frequency
    monthly
    Beta
    0.68
    Market Cap
    $480.8M
    P/E Ratio
    —
    5-Yr Total Return
    -83%
    52-Week Range
    $6.29 – $15.87
    Dividend Safety
    D · 39/100
    Ever Cut?
    Yes (2021)

    OXLC dividend raises and cuts

    Oxford Lane Capital Corp. (OXLC) has raised its regular dividend 7 times and cut it 5 times across the 134 payments on record since 2011. Its most recent change was a 50.0% cut to $0.200 per share, going ex-dividend on Apr 16, 2026.

    Ex-dateChangeOld → newMove
    Apr 16, 2026Cut$0.400 → $0.200−50.0%
    Oct 17, 2025Cut$0.450 → $0.400−11.1%
    Jul 17, 2024Raise$0.400 → $0.450+12.5%
    Jul 14, 2023Raise$0.375 → $0.400+6.7%
    Jan 13, 2022Raise$0.340 → $0.375+10.3%
    Jul 16, 2020Cut$0.675 → $0.340−49.6%
    Jan 22, 2018Cut$2.00 → $0.675−66.3%
    Jun 14, 2017Cut$3.00 → $2.00−33.3%
    Jun 12, 2014Raise$2.75 → $3.00+9.1%
    Mar 14, 2012Raise$2.50 → $2.75+10.0%
    Sep 14, 2011Raise$2.40 → $2.50+4.3%
    Jun 14, 2011Raise$1.20 → $2.40+100.0%
    OXLC ex-dividend date & scheduleNext ex-date Nov 16, 2026 · full ex-dividend historyView →OXLC dividend historyEvery payment, totals by year, raises and cutsView →OXLC dividend calculator100 shares pay $240.00 a year, $20.00 each monthCalculate →OXLC total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

    Frequently Asked Questions

    Is OXLC a good dividend stock?

    Higher risk. Oxford Lane Capital Corp. (OXLC) pays a monthly dividend yielding — ($2.40/yr), with 4 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.

    Is OXLC's dividend safe?

    OXLC has a dividend-safety grade of D (39/100), based on its payout coverage, free-cash-flow, 4-year growth streak, a dividend cut in 2021, debt and yield-versus-history.

    Is OXLC a buy, hold, or sell?

    We don't issue formal ratings, but on the data OXLC screens as "higher risk". Oxford Lane Capital Corp. (OXLC) pays a monthly dividend yielding — ($2.40/yr), with 4 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk. This is research for your own analysis, not investment advice.

    Will OXLC cut its dividend?

    OXLC earns a dividend-safety grade of D (39/100), and has cut its dividend before (last in 2021). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does OXLC pay a dividend?

    Yes. Oxford Lane Capital Corp. pays a monthly dividend of about $2.40 per share annually, a forward yield of roughly —.

    How much dividend does 100 shares of OXLC pay?

    At $2.40 per share a year, 100 shares of OXLC pay $240.00 a year in dividends before tax, about $20.00 each month. Buying them costs about $491 at the Nov 5, 2026 price.

    What is OXLC's dividend yield?

    As of Nov 5, 2026, OXLC's forward dividend yield is —, based on a $2.40 annual dividend and a $4.91 share price.

    What is OXLC's dividend per share?

    As of Nov 5, 2026, OXLC pays $2.40 per share per year, distributed on a monthly basis.

    What is OXLC's dividend payout ratio?

    As of Nov 5, 2026, OXLC's payout ratio is 547% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has OXLC grown its dividend?

    As of Nov 5, 2026, OXLC has increased its dividend for 4 consecutive years.

    When is the next OXLC ex-dividend date?

    As of Nov 5, 2026, the next ex-dividend date on record for OXLC is Nov 16, 2026.