Oxford Lane Capital Corp. (OXLC) Dividend History
Income profile from 2011 to 2026 with payout safety and yield-on-cost trend
OXLC Dividend Income Check
Safety
6.4% payout ratio with sustainable safety profile.
Consistency
4 straight years of dividend increases.
Income Trend
Yield on cost is 19.1% and trend is falling.
OXLC Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
OXLC Income Growth Story
Dividend per share and yield on cost over time (16 years of payments)
OXLC Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Oxford Lane Capital Corp. distributes 6.4% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 20.3%, rated "Well Covered".
Piotroski F-Score: 2/9 — weak financial health.
Growth Track Record
OXLC has raised its dividend for 4 consecutive years, with a 3-year CAGR of 5.3% and 5-year CAGR of -2.9%.
Total Shareholder Returns
Beyond cash dividends, OXLC returns capital through share repurchases. The combined picture: 33.9% dividend yield, 33.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 19.1% and is currently falling. The 5-year total return is -5.3%, with dividends contributing 66.5% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $12,394 today.
OXLC Recent Dividend Payments
Last 20 payments · Monthly
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 16, 2026Latest | $0.2000 | — | 41.95% | Jun 30, 2026 |
| May 15, 2026 | $0.2000 | — | 44.36% | May 29, 2026 |
| Apr 16, 2026 | $0.2000 | ↓ -50.0% | 48.40% | Apr 30, 2026 |
| Mar 17, 2026 | $0.4000 | — | 61.82% | Mar 31, 2026 |
| Feb 13, 2026 | $0.4000 | — | 52.44% | Feb 27, 2026 |
| Jan 16, 2026 | $0.4000 | — | 35.45% | Jan 30, 2026 |
| Dec 17, 2025 | $0.4000 | — | 38.29% | Dec 31, 2025 |
| Nov 14, 2025 | $0.4000 | — | 37.43% | Nov 28, 2025 |
OXLC Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd | $974M | 33.9% | 6.4% | 4 | Sustainable |
1st | $552M | 41.6% | — | 0 | Unknown |
2nd | $95M | 35.7% | — | 2 | Unknown |
| $13.8B | 2.0% | — | 0 | Unknown | |
| $1.0B | 13.7% | 75.3% | 3 | Watch | |
| $866M | 0.2% | 1.4% | 0 | Sustainable | |
| $761M | 11.8% | 96.7% | 0 | At Risk | |
| $226M | 18.4% | 83.9% | 0 | Watch | |
| $665M | 9.9% | 93.3% | 0 | At Risk |
OXLC Annual Dividend History (2011–2026)
16 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.80 | — | 6 | — | — | — | 6.5% |
| 2025 | $5.25 | 2.9% | 12 | $0.11 | 4911.1% | 0.02x | 19.1% |
| 2024 | $5.10 | 9.7% | 12 | $1.12 | 455.4% | 0.22x | 18.5% |
| 2023 | $4.65 | 3.3% | 12 | $-1.14 | — | — | 16.9% |
| 2022 | $4.50 | 11.1% | 12 | $1.20 | 375.0% | 0.27x | 16.4% |
| 2021 | $4.05 | -33.3% | 12 | $3.14 | 129.0% | 0.78x | 14.7% |
| 2020 | $6.08 | -25.0% | 12 | $-4.14 | — | — | 22.1% |
| 2019 | $8.10 | 114.3% | 12 | $-0.51 | — | — | 29.5% |
| 2018 | $3.78 | 110.0% | 12 | $1.49 | 253.7% | 0.39x | 13.7% |
| 2017 | $1.80 | -40.0% | 4 | $4.62 | 38.9% | 2.57x | 6.5% |
See OXLC's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonOXLC — Frequently Asked Questions
Quick answers to the most common questions about buying OXLC stock.
How much dividend does OXLC pay per share?
Oxford Lane Capital Corp. (OXLC) pays a trailing 12-month dividend of $3.40 per share, with a current dividend yield of +33.9%. Payments are made Monthly.
When is OXLC's next ex-dividend date?
OXLC's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. OXLC typically pays dividends Monthly.
Is OXLC's dividend safe?
OXLC's dividend safety is rated "Sustainable" based on an earnings payout ratio of +6.4% and FCF payout ratio of +20.3%. The 4-year growth streak provides moderate confidence.
Is OXLC a Dividend Payer?
Yes, Oxford Lane Capital Corp. is classified as a Dividend Payer with 4 consecutive years of dividend increases. The 5-year dividend CAGR is -2.9%, demonstrating modest dividend growth.
How often does OXLC pay dividends?
Oxford Lane Capital Corp. pays dividends Monthly. The trailing 12-month total is $3.40 per share. Dividend data on this page covers 15+ years from 2011 to 2026.
How much would $10,000 invested in OXLC grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in OXLC five years ago would be worth approximately $9,473 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is OXLC's yield on cost for long-term holders?
OXLC's yield on cost — the current dividend divided by the original purchase price — is +19.1% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +33.9% market yield, thanks to the lower original cost basis.