Looking at the universe of stocks we cover at Dividend Channel, on 6/12/15, Oxford Lane Capital Corporation ( OXLC) will trade ex-dividend, for its quarterly dividend of $0.60, payable on 6/30/15. As a percentage of OXLC's recent stock price of $15.27, this dividend works out to approximately 3.93%, so look for shares of Oxford Lane Capital Corporation to trade 3.93% lower — all else being equal — when OXLC shares open for trading on 6/12/15.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 15.72% 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: Looking at the chart above, OXLC's low point in its 52 week range is $13.02 per share, with $17.69 as the 52 week high point — that compares with a last trade of $15.27.
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 0.2% on the day.