SmarterDividends
OXLC

Oxford Lane Capital Corp.

OXLC

Financial Services · Stock · monthly payer

Forward Yield

24.98%

Annual Dividend

$2.40

Payout Ratio

1216%

5-Yr Growth

-2.9%

Ex-Date

Sep 16, 2026

Frequency

Monthly

Summary

As of September 2026, Oxford Lane Capital Corp. (OXLC) yields 24.98% ($2.40 per share annually). Dividend safety grade: D (44/100). 4 years of dividend growth.

Is OXLC a good dividend stock?

Mixed

Oxford Lane Capital Corp. (OXLC) pays a monthly dividend yielding 24.98% ($2.40/yr), with 4 years of growth and a dividend-safety grade of D. 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
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    24.98%
    Payout Ratio
    1216%
    Annual Dividend
    $2.40
    5-Yr Avg Growth
    -2.9%
    Ex-Dividend Date
    Sep 16, 2026
    Years of Growth
    4
    Frequency
    monthly
    Beta
    0.63
    Market Cap
    $943.3M
    P/E Ratio
    5-Yr Total Return
    -73%
    52-Week Range
    $8.01 – $18.60
    Dividend Safety
    D · 44/100
    Ever Cut?
    Yes (2021)
    OXLC ex-dividend date & scheduleNext ex-date Sep 16, 2026 · full ex-dividend historyView →

    Frequently Asked Questions