OXLCO Ex-Dividend Reminder - 11/14/13
Looking at the universe of stocks we cover at Dividend Channel, on 11/14/13, Oxford Lane Capital Corporation Term PF (OXLCO) will trade ex-dividend, for its monthly dividend of $0.1562, payable on 11/29/13. As a percentage of OXLCO's recent stock price of $23.05, this dividend works out to approximately 0.68%, so look for shares of Oxford Lane Capital Corporation Term PF to trade 0.68% lower — all else being equal — when OXLCO shares open for trading on 11/14/13.
Below is a dividend history chart for OXLCO, showing historical dividends prior to the most recent $0.1562 declared by Oxford Lane Capital Corporation Term PF:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OXLCO is likely to continue, and whether the current estimated yield of 8.13% on annualized basis is a reasonable expectation of annual yield going forward.
In Tuesday trading, Oxford Lane Capital Corporation Term PF shares are currently off about 2.6% on the day.
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