OXLCN Dividend Yield 2026: Oxford Lane Capital Corp.

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Data last updated: Sep 06, 2026

Snapshot (as of Sep 06, 2026): Oxford Lane Capital Corp. (OXLCN) pays a $3.85 annual dividend, yielding 39.86% at $24.61/share. Next ex-dividend date 2026-11-16. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 39.86%

Annual Dividend: $3.85 per share

Payout Ratio: -77.1%

Ex-Dividend Date: 2026-11-16

Sector: Financial Services

Years of Dividend History: 5

About Oxford Lane Capital Corp. Dividend

Oxford Lane Capital Corp. dividend stands at $3.85 per share annually, backed by a fund that channels capital into securitization vehicles holding senior secured loans to sub-investment grade corporations. The current yield is 39.86%, one of the highest available in the asset management space. OXLCN pays a trailing annual rate of $3.85 per share, with the next ex-dividend date set for November 16, 2026. That yield level makes this stock a candidate for income-focused investors who prioritize current cash flow, reflected in a beta of 0.636 that points to below-average price volatility.

Dividend Safety

Oxford Lane Capital Corp. pays out -77.1% of earnings as dividends, a payout ratio classified as conservative (below 40%) on a standard basis. The negative figure reflects the fund's structure as a closed-end vehicle investing in fixed income instruments tied to sub-investment grade corporate loans, where reported earnings and actual distributable cash can diverge sharply. Oxford Lane Capital Corp. dividend safety, in this context, depends heavily on the performance of the underlying securitization vehicles and the credit quality of the loans they hold. The most significant pressure point is that exposure to unrated and sub-investment grade debt means credit deterioration in the underlying portfolio can directly affect the fund's ability to sustain distributions.

Oxford Lane Capital Corp. (OXLCN) Dividend Growth Rate, CAGR, and History

Oxford Lane Capital Corp. dividend history shows a CAGR of 0.0% per year from 2023 to 2025. Per-share payments held flat at $1.7808 in both 2023 and 2024, with 2025 matching that same figure (2026 is a partial year and excluded from the CAGR calculation). The smallest annual increase in the window was 0.0% in 2024. Growth is nonexistent over this period. For income investors, that means the yield is entirely a function of price movement, not dividend expansion.

Oxford Lane Capital Corp. Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+23.1%	$0.95 (2022)	$1.78 (2025)

Is Oxford Lane Capital Corp. a Good Dividend Stock?

OXLCN fits income-focused investors who want maximum current yield from a fixed income-oriented closed-end fund. The yield classification is high (above 4%), and at 39.86% it sits dramatically above the 5-year average of 6.4%, which reflects how much the stock's price has moved relative to its flat $3.85 annual payout. Two consecutive years of dividend increases are on record, but growth has been zero percent, so income is the only return driver here. The trade-off is straightforward: an investor gets an exceptionally high current yield from a fund exposed to sub-investment grade corporate credit, with no dividend growth to offset any price or credit risk.

Recent Oxford Lane Capital Corp. Dividend Payments

Payment Date	Amount per Share
2026-11-16	$0.1484
2026-10-16	$0.1484
2026-09-16	$0.1484
2026-08-17	$0.1484
2026-07-17	$0.1484
2026-06-16	$0.1484
2026-05-15	$0.1484
2026-04-16	$0.1484
2026-03-17	$0.1484
2026-02-13	$0.1484

Oxford Lane Capital Corp. Annual Dividend History

Year	Total Dividends
2026	$1.6324
2025	$1.7808
2024	$1.7808
2023	$1.7808
2022	$0.9548

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Frequently Asked Questions

Does OXLCN pay dividends?

Yes, Oxford Lane Capital Corp. (OXLCN) pays a $3.85 annual dividend per share, yielding 39.86%.

What is Oxford Lane Capital Corp.'s current dividend yield?

Oxford Lane Capital Corp.'s current dividend yield is 39.86%. That is well above its 5-year average yield of 6.4%, meaning the elevated yield is driven primarily by a lower stock price against a flat $3.85 annual payout.

Has Oxford Lane Capital Corp. ever cut its dividend?

No dividend cut appears in the available history window from 2023 to 2025. Annual payments held at $1.7808 per share across all three complete years. The data available covers only this window, so no claim can be made about periods before 2023.

How fast has Oxford Lane Capital Corp. grown its dividend?

The compound annual growth rate (CAGR) for Oxford Lane Capital Corp. is 0.0% per year from 2023 to 2025. The per-share annual dividend started and ended at $1.7808, with no change across the full measurement window.

Is Oxford Lane Capital Corp. a good dividend stock for income investors?

Oxford Lane Capital Corp. carries a high (above 4%) yield classification, currently at 39.86%, making it a high-current-income instrument. The trade-off is zero dividend growth over the 2023-2025 window and exposure to sub-investment grade corporate credit through its securitization vehicle strategy.

Is Oxford Lane Capital Corp. dividend safe?

The payout ratio is classified as conservative (below 40%), which does not flag immediate distribution pressure. However, the fund's income depends on the performance of loans extended to unrated and sub-investment grade corporations, which introduces credit risk that standard payout ratios do not fully capture.

Why is Oxford Lane Capital Corp. dividend yield high?

The 39.86% yield reflects a stock price that has fallen sharply against a flat annual payout of $3.85 per share. The 5-year average yield of 6.4% shows how far current pricing has moved, not a change in the dividend itself.

How does Oxford Lane Capital Corp. compare to its own historical yield?

The current yield of 39.86% is dramatically above the 5-year average of 6.4%. That gap signals the stock price has declined substantially while the annual dividend has remained flat at $3.85 per share.

Latest OXLCN News

• Oxford Lane Capital Preferred Stock (OXLCN) Holds Steady at $24.71 – Minimal Gains Signal Consolidation - Synthetic Long - vinanet.vn — vinanet.vn
• OXLCN Preferred Shares Hold Steady Near $24.70 With Low Volatility - Ratio Spread Trade - vinanet.vn — vinanet.vn
• Oxford Lane: Clean Exit Offered By Preferreds (NASDAQ:OXLC) - Seeking Alpha — Seeking Alpha

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