OXLCL Dividend Yield 2026: Oxford Lane Capital Corp. 6.75% Notes due 2031

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Data last updated: Sep 06, 2026

Snapshot (as of Sep 06, 2026): Oxford Lane Capital Corp. 6.75% Notes due 2031 (OXLCL) pays a $3.85 annual dividend ($0.32 monthly), yielding 39.86% at $24.40/share. Next ex-dividend date 2026-12-15. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 39.86%

Annual Dividend: $3.85 per share

Payout Ratio: -77.1%

Ex-Dividend Date: 2026-12-15

Dividend Frequency: monthly

Sector: Financial Services

Years of Dividend History: 6

About Oxford Lane Capital Corp. 6.75% Notes due 2031 Dividend

Oxford Lane Capital Corp. 6.75% Notes due 2031 dividend comes from a firm that invests primarily in the debt and equity tranches of Collateralized Loan Obligations (CLOs). The current yield stands at 39.86%, an exceptionally high figure that reflects the nature of CLO-focused investing. OXLCL pays monthly, with a trailing annual rate of $3.8500 per share and a next ex-dividend date of December 15, 2026. That yield level, combined with a beta of 0.242, makes this a stock income-focused investors examine closely.

Dividend Safety

Oxford Lane Capital Corp. 6.75% Notes due 2031 pays out -77.1% of earnings as dividends, a payout ratio classified as conservative (below 40%). The negative payout ratio reflects the accounting treatment common to CLO-focused investment firms, where reported earnings can diverge sharply from actual cash distributions. Oxford Lane Capital Corp. 6.75% Notes due 2031 dividend safety is shaped by the performance of its underlying CLO portfolio, which is sensitive to credit market conditions. That dependence on CLO debt and equity valuations is the most significant data-supported factor that could pressure the payout.

Oxford Lane Capital Corp. 6.75% Notes due 2031 (OXLCL) Dividend Growth Rate, CAGR, and History

Oxford Lane Capital Corp. 6.75% Notes due 2031 dividend history shows a CAGR of -0.0% per year from 2022 to 2025. Per-share payments moved from $1.6880 in 2022 to $1.6876 in 2025 (2026 is a partial year and excluded from this calculation). The smallest annual increase in the window was -0.0% in 2023. Growth is flat, and income investors holding OXLCL for dividend expansion will find none here.

Oxford Lane Capital Corp. 6.75% Notes due 2031 Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	-0.0%	$1.69 (2022)	$1.69 (2025)

Is Oxford Lane Capital Corp. 6.75% Notes due 2031 a Good Dividend Stock?

OXLCL fits income-focused investors who prioritize yield over growth, specifically those comfortable with CLO credit exposure. The yield is classified as high (above 4%), and at 39.86% it sits dramatically above the 5-year average of 6.34%, which reflects the current pricing of the notes rather than a recent dividend increase. The payout ratio, at -77.1%, is classified as conservative, though its negative value is a product of CLO accounting rather than a straightforward earnings coverage metric. What an investor gets here is an exceptionally high monthly income stream. What they accept is zero dividend growth and exposure to credit market swings that directly affect the underlying CLO portfolio.

Recent Oxford Lane Capital Corp. 6.75% Notes due 2031 Dividend Payments

Payment Date	Amount per Share
2026-12-15	$0.4219
2026-09-15	$0.4219
2026-06-15	$0.4219
2026-03-13	$0.4219
2025-12-15	$0.4219
2025-09-15	$0.4219
2025-06-13	$0.4219
2025-03-14	$0.4219
2024-12-13	$0.4219
2024-09-13	$0.4219

Oxford Lane Capital Corp. 6.75% Notes due 2031 Annual Dividend History

Year	Total Dividends
2026	$1.6876
2025	$1.6876
2024	$1.6876
2023	$1.6876
2022	$1.6880

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Frequently Asked Questions

Does OXLCL pay dividends?

Yes, Oxford Lane Capital Corp. 6.75% Notes due 2031 (OXLCL) pays a $0.32 monthly dividend per share, yielding 39.86%.

How often does Oxford Lane Capital Corp. 6.75% Notes due 2031 pay dividends?

Oxford Lane Capital Corp. 6.75% Notes due 2031 pays dividends monthly. The last dividend amount was $0.4219 per share, with the next ex-dividend date set for December 15, 2026.

What is Oxford Lane Capital Corp. 6.75% Notes due 2031's current dividend yield?

The current OXLCL dividend yield is 39.86%, well above the 5-year average yield of 6.34%. The gap reflects current note pricing rather than a recent change to the dividend rate.

Has Oxford Lane Capital Corp. 6.75% Notes due 2031 ever cut its dividend?

No cut appears in the available history window from 2022 to 2025. The annual dividend per share held essentially flat across that period, moving from $1.6880 in 2022 to $1.6876 in 2025.

How fast has Oxford Lane Capital Corp. 6.75% Notes due 2031 grown its dividend?

The compound annual growth rate (CAGR) is -0.0% per year from 2022 to 2025. Growth is flat, with per-share payments barely moving over the three-year window.

Is Oxford Lane Capital Corp. 6.75% Notes due 2031 a good dividend stock for income investors?

OXLCL carries a yield of 39.86% and pays monthly, characteristics that align with income-focused investors. The trade-off is zero dividend growth and exposure to CLO credit market performance, which directly affects the underlying portfolio.

Is Oxford Lane Capital Corp. 6.75% Notes due 2031 dividend safe?

The payout ratio is -77.1%, classified as conservative (below 40%), though the negative figure reflects CLO-specific accounting rather than conventional earnings coverage. The dividend has held flat since 2022, with no cuts in the available data window.

Why is Oxford Lane Capital Corp. 6.75% Notes due 2031 dividend yield high?

The 39.86% yield is driven by current note pricing relative to the fixed $3.8500 annual dividend rate. Oxford Lane Capital Corp. 6.75% Notes due 2031 is a fixed-rate debt instrument issued by a CLO-focused investment firm, and yield moves inversely with price.

How does Oxford Lane Capital Corp. 6.75% Notes due 2031 compare to its own historical yield?

The current yield of 39.86% is dramatically above the 5-year average of 6.34%. That gap points to a significant decline in note price rather than an increase in the dividend itself.

Latest OXLCL News

• OXLCL Q4 2025 Earnings: EPS Misses Consensus by 7.4% as Net Investment Income Falls Short - Balance Sheet Strength - vinanet.vn — vinanet.vn
• OXLCL Q4 2025 Earnings: EPS of $2.55 Misses Estimates, Reflecting Softening CLO Portfolio Returns - Net Profit Margin - vinanet.vn — vinanet.vn
• Oxford Lane Capital Corp. 6.75% Notes due 2031 (OXLCL) Q4 2025 Earnings: EPS Misses Estimates as Net Investment Income Declines - Earnings Miss Streak - vinanet.vn — vinanet.vn

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