Ex-Div Reminder for Oxford Lane Capital (OXLC)

Looking at the universe of stocks we cover at Dividend Channel, on 12/13/13, Oxford Lane Capital Corporation ( OXLC) will trade ex-dividend, for its quarterly dividend of $0.55, payable on 12/31/13. As a percentage of OXLC's recent stock price of $17.10, this dividend works out to approximately 3.22%, so look for shares of Oxford Lane Capital Corporation to trade 3.22% lower — all else being equal — when OXLC shares open for trading on 12/13/13.

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Below is a dividend history chart for OXLC, showing historical dividends prior to the most recent $0.55 declared by Oxford Lane Capital Corporation:

OXLC+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OXLC is likely to continue, and whether the current estimated yield of 12.87% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of OXLC shares, versus its 200 day moving average:

Oxford Lane Capital Corporation 200 Day Moving Average Chart

Looking at the chart above, OXLC's low point in its 52 week range is $14.70 per share, with $18.56 as the 52 week high point — that compares with a last trade of $17.40.

In Wednesday trading, Oxford Lane Capital Corporation shares are currently down about 0.2% on the day.
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