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OXLCL Dividend Calculator

Calculate how much dividend income Oxford Lane Capital Corp. 6.75% Notes due 2031 (OXLCL) could generate with reinvestment. Pre-loaded with OXLCL's current 39.86% yield.

Dividend Yield: 39.86%

Annual Dividend: $3.85 per share

Share Price: $24.40

Payout Ratio: -77.1%

OXLCL DRIP Calculator

Model OXLCL dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.

Frequently Asked Questions

What is OXLCL's current dividend yield?

OXLCL (Oxford Lane Capital Corp. 6.75% Notes due 2031) currently has a dividend yield of 39.86%. This means for every $10,000 invested, you would receive approximately $3986 per year in dividend income before taxes.

How much OXLCL do I need to make $1,000 per month in dividends?

To earn $1,000 per month ($12,000/year) from OXLCL at its current yield of 39.86%, you would need approximately $30,105 invested. With dividend reinvestment and growth, you may need less over time.

Does OXLCL pay monthly dividends?

Yes, OXLCL pays dividends monthly, making it popular with income investors who want regular cash flow.

Is OXLCL's dividend safe?

OXLCL's payout ratio is -77.1%, which is generally considered safe. The company retains enough earnings to sustain and potentially grow its dividend.

What is OXLCL's dividend growth rate?

We don't have enough historical data to calculate a reliable dividend growth rate for OXLCL. You can set a custom growth rate in the calculator above.

See full dividend history and analysis on the OXLCL dividend page.