SmarterDividends
OXLCL

Oxford Lane Capital Corp. 6.75% Notes due 2031

OXLCL

Stock · quarterly payer

$23.80

Undervalued · +62% Add to Portfolio

Forward Yield

7.09%

Annual Dividend

$1.69

Payout Ratio

—

5-Yr Growth

—

Ex-Date

Dec 15, 2026

Frequency

Quarterly

Key facts about OXLCL's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Oxford Lane Capital Corp. 6.75% Notes due 2031 (OXLCL) has a forward dividend yield of 7.09%, based on an annual dividend of $1.69 per share and a share price of $23.80.
  • As of Oct 18, 2026, OXLCL's dividend safety grade from SmarterDividends is B (76 out of 100), which rates the dividend as safe.
  • OXLCL has never cut its regular dividend in the payment history SmarterDividends has on record.
  • OXLCL's next ex-dividend date is Dec 15, 2026, with payment on Dec 31, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 18, 2026, OXLCL's 7.09% yield is 10% above its five-year average yield of 6.44%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for OXLCL is $38.66 per share, 62% above the $23.80 share price, so OXLCL screens as undervalued.
  • Oxford Lane Capital Corp. 6.75% Notes due 2031 (OXLCL) pays its dividend quarterly, 4 times a year.
  • Oxford Lane Capital Corp. 6.75% Notes due 2031 (OXLCL) has raised its regular dividend 1 time and cut it 0 times across the 22 payments on record since 2021. Its most recent change was a 199.3% increase to $0.422 per share, going ex-dividend on Sep 14, 2021.
Cite this page

SmarterDividends, "OXLCL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/OXLCL

Summary

As of Oct 18, 2026, Oxford Lane Capital Corp. 6.75% Notes due 2031 (OXLCL) yields 7.09% ($1.69 a year per share) and has a dividend safety grade of B (76/100).

Is OXLCL a good dividend stock?

Yes

Oxford Lane Capital Corp. 6.75% Notes due 2031 (OXLCL) pays a quarterly dividend yielding 7.09% ($1.69/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
7.09%
Payout Ratio
—
Annual Dividend
$1.69
5-Yr Avg Growth
—
Ex-Dividend Date
Dec 15, 2026
Years of Growth
0
Frequency
quarterly
Beta
—
Market Cap
—
P/E Ratio
—
5-Yr Total Return
-9%
52-Week Range
$23.42 – $24.99
Dividend Safety
B · 76/100
Ever Cut?
No

OXLCL dividend raises and cuts

Oxford Lane Capital Corp. 6.75% Notes due 2031 (OXLCL) has raised its regular dividend 1 time and cut it 0 times across the 22 payments on record since 2021. Its most recent change was a 199.3% increase to $0.422 per share, going ex-dividend on Sep 14, 2021.

Ex-dateChangeOld → newMove
Sep 14, 2021Raise$0.141 → $0.422+199.3%
Every OXLCL payment →Download every raise and cut (CSV)
OXLCL ex-dividend date & scheduleNext ex-date Dec 15, 2026 · full ex-dividend historyView →OXLCL dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is OXLCL a good dividend stock?

Yes. Oxford Lane Capital Corp. 6.75% Notes due 2031 (OXLCL) pays a quarterly dividend yielding 7.09% ($1.69/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is OXLCL undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, OXLCL's fair value is about $38.66 versus a $23.80 share price — so it looks undervalued (+62% vs. fair value).

Is OXLCL's dividend safe?

OXLCL has a dividend-safety grade of B (76/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is OXLCL's fair value?

Our blended fair-value estimate for OXLCL is about $38.66 per share, roughly 62% above the current $23.80 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is OXLCL a buy, hold, or sell?

We don't issue formal ratings, but on the data OXLCL screens as "yes" and undervalued. Oxford Lane Capital Corp. 6.75% Notes due 2031 (OXLCL) pays a quarterly dividend yielding 7.09% ($1.69/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will OXLCL cut its dividend?

OXLCL earns a dividend-safety grade of B (76/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does OXLCL pay a dividend?

Yes. Oxford Lane Capital Corp. 6.75% Notes due 2031 pays a quarterly dividend of about $1.69 per share annually, a forward yield of roughly 7.09%.

What is OXLCL's dividend yield?

As of Oct 18, 2026, OXLCL's forward dividend yield is 7.09%, based on a $1.69 annual dividend and a $23.80 share price.

What is OXLCL's dividend per share?

As of Oct 18, 2026, OXLCL pays $1.69 per share per year, distributed on a quarterly basis.

How many years has OXLCL grown its dividend?

OXLCL does not currently have a long dividend-growth streak on record.

When is the next OXLCL ex-dividend date?

As of Oct 18, 2026, the next ex-dividend date on record for OXLCL is Dec 15, 2026.

Income Calculator

At $1.69 / yr per share

Per payment (quarterly)$42.20
Annual$168.80
Monthly avg$14.07

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