OXLC Ex-Dividend Reminder - 9/12/14

Looking at the universe of stocks we cover at Dividend Channel, on 9/12/14, Oxford Lane Capital Corporation ( OXLC) will trade ex-dividend, for its quarterly dividend of $0.60, payable on 9/30/14. As a percentage of OXLC's recent stock price of $16.78, this dividend works out to approximately 3.58%, so look for shares of Oxford Lane Capital Corporation to trade 3.58% lower — all else being equal — when OXLC shares open for trading on 9/12/14.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

Below is a dividend history chart for OXLC, showing historical dividends prior to the most recent $0.60 declared by Oxford Lane Capital Corporation:


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 14.30% 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 $14.76 per share, with $19.18 as the 52 week high point — that compares with a last trade of $16.77.

According to Preferred Stock Channel, there is a series of preferred stock that is senior to OXLC, which trades under the symbol OXLCP — more info ».

In Wednesday trading, Oxford Lane Capital Corporation shares are currently up about 0.1% on the day.

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