OXLC Ex-Dividend Reminder - 3/21/18

Looking at the universe of stocks we cover at Dividend Channel, on 3/21/18, Oxford Lane Capital Corp (OXLC) will trade ex-dividend, for its monthly dividend of $0.135, payable on 3/30/18. As a percentage of OXLC's recent stock price of $10.14, this dividend works out to approximately 1.33%, so look for shares of Oxford Lane Capital Corp to trade 1.33% lower — all else being equal — when OXLC shares open for trading on 3/21/18.

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Below is a dividend history chart for OXLC, showing historical dividends prior to the most recent $0.135 declared by Oxford Lane Capital Corp:

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 15.97% 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 Corp 200 Day Moving Average Chart

Looking at the chart above, OXLC's low point in its 52 week range is $9.11 per share, with $11.27 as the 52 week high point — that compares with a last trade of $10.14.

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 Monday trading, Oxford Lane Capital Corp shares are currently trading flat on the day.

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