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Oxford Lane Capital (Oxford Lane Capital) Forward Dividend Yield %

: 19.11% (As of Today)
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As of today (2024-04-17), the Forward Annual Dividend Yield of Oxford Lane Capital is 19.11%.

As of today (2024-04-17), the Trailing Annual Dividend Yield of Oxford Lane Capital is 18.91%.

OXLC's Forward Dividend Yield % is ranked better than
97.85% of 1208 companies
in the Asset Management industry
Industry Median: 5.93 vs OXLC: 19.11

Oxford Lane Capital's Dividends per Share for the six months ended in Sep. 2023 was $0.47.

During the past 12 months, Oxford Lane Capital's average Dividends Per Share Growth Rate was 4.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -17.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -15.30% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Oxford Lane Capital was 44.20% per year. The lowest was -19.70% per year. And the median was -3.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Asset Management subindustry, Oxford Lane Capital's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Oxford Lane Capital Forward Dividend Yield % Distribution

For the Asset Management industry and Financial Services sector, Oxford Lane Capital's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Oxford Lane Capital's Forward Dividend Yield % falls into.



Oxford Lane Capital Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Oxford Lane Capital Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0802024-04-152024-04-162024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802024-03-142024-03-152024-03-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802024-01-162024-01-172024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802023-11-152023-11-162023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802023-10-162023-10-172023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802023-09-142023-09-152023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802023-08-162023-08-172023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0802023-07-142023-07-172023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0752023-06-152023-06-162023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0752023-05-162023-05-172023-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Oxford Lane Capital's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.96/5.02
=19.12 %

Current Share Price is $5.02.
Oxford Lane Capital's Dividends per Share for the forward twelve months is calculated as $0.08 * 12 = $0.96.

Oxford Lane Capital's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.95/5.02
=18.92 %

Current Share Price is $5.02.
Oxford Lane Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.95.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Oxford Lane Capital  (NAS:OXLC) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Oxford Lane Capital Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Oxford Lane Capital's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Oxford Lane Capital (Oxford Lane Capital) Business Description

Traded in Other Exchanges
Address
8 Sound Shore Drive, Suite 255, Greenwich, CT, USA, 06830
Oxford Lane Capital Corp is a non-diversified closed-end management investment company. The fund's investment objective is to maximize its portfolio's risk-adjusted total return over its investment horizon. Its current focus is to seek that return by investing in equity and junior tranches of CLO(collateralized loan obligation) vehicles, which are collateralized primarily by a diverse portfolio of senior loans, and which generally have little to no exposure to real estate loans, mortgage loans or pools of consumer-based debt, such as credit card receivables or auto loans. Its investment strategy also includes investing in warehouse facilities, which are financing structures intended to aggregate senior loans that may be used to form the basis of a CLO vehicle.
Executives
Mark Jeffrey Ashenfelter director C/O OXFORD LANE CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Wilton Reassurance Co 10 percent owner 20 GLOVER AVENUE, NORWALK CT 06850
Eagle Point Credit Management Llc 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Thomas P. Majewski 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Eagle Point Dif Gp I Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Credit Gp I Lp 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Saul B Rosenthal director, officer: President 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
John Stuart Reardon director C/O OXFORD LANE CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
David S. Shin director C/O OXFORD LANE CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Bruce L. Rubin officer: CFO, SEC, TREAS TICC CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Gerald Cummins officer: Chief Compliance Officer C/O OXFORD LANE CAPITAL CORP., 8 SOUND SHORE DRIVE, SUITE 255, GREENWICH CT 06830
Leroy Scott Frantz 10 percent owner C/O HAEBLER CAPITAL, 8 SOUND SHORE DRIVE, GREENWICH CT 06830
Patrick Conroy officer: CFO, CCO and Secretary 8 SOUND SHORE DRIVE STE 215, GREENWICH CT 06830
Jonathan H Cohen director, officer: Chief Executive Officer 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
Charles M Royce 10 percent owner C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151