GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Oxford Lane Capital Corp (NAS:OXLC) » Definitions » 3-Year Dividend Growth Rate

OXLC (Oxford Lane Capital) 3-Year Dividend Growth Rate : 0.20% (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Oxford Lane Capital 3-Year Dividend Growth Rate?

Oxford Lane Capital's Dividends per Share for the six months ended in Sep. 2024 was $0.52.

The historical rank and industry rank for Oxford Lane Capital's 3-Year Dividend Growth Rate or its related term are showing as below:

OXLC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -19.7   Med: -3.5   Max: 44.2
Current: 0.2

During the past 11 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.

OXLC's 3-Year Dividend Growth Rate is ranked worse than
60.56% of 857 companies
in the Asset Management industry
Industry Median: 2.7 vs OXLC: 0.20

During the past 12 months, Oxford Lane Capital's average Dividends Per Share Growth Rate was 8.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 0.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -12.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -3.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Oxford Lane Capital's Dividend Payout Ratio for the six months ended in Sep. 2024 was 2.00. As of today, Oxford Lane Capital's Dividend Yield % is 19.17%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Oxford Lane Capital Corp is 1.31, which seems too high.

Good Sign:

Oxford Lane Capital Corp stock dividend yield is close to 3-year high.

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


Competitive Comparison of Oxford Lane Capital's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Oxford Lane Capital's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Oxford Lane Capital's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Oxford Lane Capital's 3-Year Dividend Growth Rate falls into.



Oxford Lane Capital 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Oxford Lane Capital  (NAS:OXLC) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Oxford Lane Capital's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.52/ 0.26
=2.00

During the past 11 years, the highest Dividend Payout Ratio of Oxford Lane Capital was 7.83. The lowest was 0.30. And the median was 0.77.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Oxford Lane Capital Corp is 1.31, which seems too high.

2. 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 0.0900002024-11-152024-11-152024-11-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0900002024-10-172024-10-172024-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0900002024-09-162024-09-162024-09-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0900002024-08-162024-08-162024-08-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0900002024-07-172024-07-172024-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0800002024-06-142024-06-142024-06-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0800002024-05-162024-05-172024-05-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0800002024-04-152024-04-162024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0800002024-03-142024-03-152024-03-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0800002024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0800002024-01-162024-01-172024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0800002023-12-142023-12-152023-12-29Cash 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.01/5.265
=19.18 %

Current Share Price is $5.265.
Oxford Lane Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.01.

During the past 11 years, the highest Dividend Yield of Oxford Lane Capital was 59.56%. The lowest was 3.83%. And the median was 16.96%.

Good Sign:

Oxford Lane Capital Corp stock dividend yield is close to 3-year high.

* 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 3-Year Dividend Growth Rate Related Terms>


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 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 plan 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
Saul B Rosenthal director, officer: President 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
Jonathan H Cohen director, officer: Chief Executive Officer 8 SOUND SHORE DR STE 215, GREENWICH CT 06830
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
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
Charles M Royce 10 percent owner C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151