OXLC Distribution History & Yield

Oxford Lane Capital Corp. · NasdaqGM

Closed-end fund Financial Services Monthly payer Closed-end fundHigh yield
$9.61
-0.52% today
as of Sep 8, 2026
TTM yield
40.06%
$3.85/share over the last 12 months
Forward yield
40.06%
$3.85/share indicated annual rate
Annual distribution
$3.85
per share, forward
Per payment
$0.20
per share, every month
Frequency
Monthly
12 payments a year
Next ex-distribution date
Sep 16, 2026 Declared
in 8 days
Next pay date
Sep 30, 2026
in 22 days
Last ex-distribution date
Aug 17, 2026
$0.20 per share
Expense ratio
n/a
assets n/a
Consistency
68/100
variable payouts
5y distribution CAGR
-1.2%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
15.5
since Mar 17, 2011
1y total return
-28.2%
price -48.7% + distributions 20.5%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Wed, Sep 16, 2026 (in 8 days) Sep 30, 2026 $0.20 $20.00 Declared
Fri, Oct 16, 2026 (in 38 days) Oct 30, 2026 $0.3208 $32.08 Estimated
Sun, Nov 15, 2026 (in 68 days) Nov 29, 2026 $0.3208 $32.08 Estimated
Tue, Dec 15, 2026 (in 98 days) Dec 29, 2026 $0.3208 $32.08 Estimated
Thu, Jan 14, 2027 (in 128 days) Jan 28, 2027 $0.3208 $32.08 Estimated
Sat, Feb 13, 2027 (in 158 days) Feb 27, 2027 $0.3208 $32.08 Estimated
Mon, Mar 15, 2027 (in 188 days) Mar 29, 2027 $0.3208 $32.08 Estimated
Wed, Apr 14, 2027 (in 218 days) Apr 28, 2027 $0.3208 $32.08 Estimated
Fri, May 14, 2027 (in 248 days) May 28, 2027 $0.3208 $32.08 Estimated
Sun, Jun 13, 2027 (in 278 days) Jun 27, 2027 $0.3208 $32.08 Estimated
Tue, Jul 13, 2027 (in 308 days) Jul 27, 2027 $0.3208 $32.08 Estimated
Thu, Aug 12, 2027 (in 338 days) Aug 26, 2027 $0.3208 $32.08 Estimated

Estimated dates and amounts are projected from OXLC's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $3.7292 per share.

Distribution payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from May 16, 2023 to Aug 17, 2026; most recent $0.20$0.00$0.25$0.50May 16, 2023: $0.375May '23Jun 15, 2023: $0.375Jul 14, 2023: $0.40Aug 16, 2023: $0.40Sep 14, 2023: $0.40Oct 16, 2023: $0.40Oct '23Nov 15, 2023: $0.40Dec 14, 2023: $0.40Jan 16, 2024: $0.40Feb 14, 2024: $0.40Mar 14, 2024: $0.40Mar '24Apr 15, 2024: $0.40May 16, 2024: $0.40Jun 14, 2024: $0.40Jul 17, 2024: $0.45Aug 16, 2024: $0.45Aug '24Sep 16, 2024: $0.45Oct 17, 2024: $0.45Nov 15, 2024: $0.45Dec 17, 2024: $0.45Jan 17, 2025: $0.45Jan '25Feb 14, 2025: $0.45Mar 17, 2025: $0.45Apr 16, 2025: $0.45May 16, 2025: $0.45Jun 16, 2025: $0.45Jun '25Jul 17, 2025: $0.45Aug 15, 2025: $0.45Sep 16, 2025: $0.45Oct 17, 2025: $0.40Nov 14, 2025: $0.40Nov '25Dec 17, 2025: $0.40Jan 16, 2026: $0.40Feb 13, 2026: $0.40Mar 17, 2026: $0.40Apr 16, 2026: $0.20Apr '26May 15, 2026: $0.20Jun 16, 2026: $0.20Jul 17, 2026: $0.20Aug 17, 2026: $0.20

Annual distributions per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$5.00$10.002017: $9.00$9.0020172018: $8.10$8.1020182019: $8.10$8.1020192020: $6.09$6.0920202021: $4.08$4.0820212022: $4.50$4.5020222023: $4.65$4.6520232024: $5.10$5.1020242025: $5.25$5.2520252026 (YTD): $2.20$2.202026 YTD

How much OXLC do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month312$2,995$1,200
$500 / month1,559$14,977$6,000
$1,000 / month3,117$29,953$12,000

Based on the forward yield of 40.06%. $10,000 in OXLC would currently pay about $4,006 a year ($334 a month on average). Model reinvestment and growth →

OXLC distribution history

Show recent only
Ex-datePay dateAmountChange
Aug 17, 2026 Aug 31, 2026 $0.20 +0.0%
Jul 17, 2026 Jul 31, 2026 $0.20 +0.0%
Jun 16, 2026 Jun 30, 2026 $0.20 +0.0%
May 15, 2026 May 29, 2026 $0.20 +0.0%
Apr 16, 2026 Apr 30, 2026 $0.20 -50.0%
Mar 17, 2026 Mar 31, 2026 $0.40 +0.0%
Feb 13, 2026 Feb 27, 2026 $0.40 +0.0%
Jan 16, 2026 Jan 30, 2026 $0.40 +0.0%
Dec 17, 2025 Dec 31, 2025 $0.40 +0.0%
Nov 14, 2025 Nov 28, 2025 $0.40 +0.0%
Oct 17, 2025 Oct 31, 2025 $0.40 -11.1%
Sep 16, 2025 Sep 30, 2025 $0.45 +0.0%
Aug 15, 2025 Aug 29, 2025 $0.45 +0.0%
Jul 17, 2025 Jul 31, 2025 $0.45 +0.0%
Jun 16, 2025 Jun 30, 2025 $0.45 +0.0%
May 16, 2025 May 30, 2025 $0.45 +0.0%
Apr 16, 2025 Apr 30, 2025 $0.45 +0.0%
Mar 17, 2025 Mar 31, 2025 $0.45 +0.0%
Feb 14, 2025 Feb 28, 2025 $0.45 +0.0%
Jan 17, 2025 Jan 31, 2025 $0.45 +0.0%
Dec 17, 2024 Dec 31, 2024 $0.45 +0.0%
Nov 15, 2024 Nov 29, 2024 $0.45 +0.0%
Oct 17, 2024 Oct 31, 2024 $0.45 +0.0%
Sep 16, 2024 Sep 30, 2024 $0.45 +0.0%
Aug 16, 2024 Aug 30, 2024 $0.45 +0.0%
Jul 17, 2024 Jul 31, 2024 $0.45 +12.5%
Jun 14, 2024 Jun 28, 2024 $0.40 +0.0%
May 16, 2024 May 31, 2024 $0.40 +0.0%
Apr 15, 2024 Apr 30, 2024 $0.40 +0.0%
Mar 14, 2024 Mar 29, 2024 $0.40 +0.0%
Feb 14, 2024 Feb 29, 2024 $0.40 +0.0%
Jan 16, 2024 Jan 31, 2024 $0.40 +0.0%
Dec 14, 2023 Dec 29, 2023 $0.40 +0.0%
Nov 15, 2023 Nov 30, 2023 $0.40 +0.0%
Oct 16, 2023 Oct 31, 2023 $0.40 +0.0%
Sep 14, 2023 Sep 29, 2023 $0.40 +0.0%
Aug 16, 2023 Aug 31, 2023 $0.40 +0.0%
Jul 14, 2023 Jul 31, 2023 $0.40 +6.7%
Jun 15, 2023 Jun 30, 2023 $0.375 +0.0%
May 16, 2023 May 31, 2023 $0.375 +0.0%
Apr 13, 2023 Apr 28, 2023 $0.375 +0.0%
Mar 16, 2023 Mar 31, 2023 $0.375 +0.0%
Feb 13, 2023 Feb 28, 2023 $0.375 +0.0%
Jan 13, 2023 Jan 31, 2023 $0.375 +0.0%
Dec 15, 2022 Dec 30, 2022 $0.375 +0.0%
Nov 15, 2022 Nov 30, 2022 $0.375 +0.0%
Oct 14, 2022 Oct 31, 2022 $0.375 +0.0%
Sep 15, 2022 Sep 30, 2022 $0.375 +0.0%
Aug 16, 2022 Aug 31, 2022 $0.375 +0.0%
Jul 14, 2022 Jul 29, 2022 $0.375 +0.0%
Jun 15, 2022 Jun 30, 2022 $0.375 +0.0%
May 16, 2022 May 31, 2022 $0.375 +0.0%
Apr 13, 2022 Apr 29, 2022 $0.375 +0.0%
Mar 16, 2022 Mar 31, 2022 $0.375 +0.0%
Feb 11, 2022 Feb 28, 2022 $0.375 +0.0%
Jan 13, 2022 Jan 31, 2022 $0.375 +10.3%
Dec 16, 2021 Dec 31, 2021 $0.34 +0.0%
Nov 15, 2021 Nov 30, 2021 $0.34 +0.0%
Oct 14, 2021 Oct 29, 2021 $0.34 +0.0%
Sep 15, 2021 Sep 30, 2021 $0.34 +0.0%
Aug 16, 2021 Aug 31, 2021 $0.34 +0.0%
Jul 15, 2021 Jul 30, 2021 $0.34 +0.0%
Jun 15, 2021 Jun 30, 2021 $0.34 +0.0%
May 13, 2021 May 28, 2021 $0.34 +0.0%
Apr 15, 2021 Apr 30, 2021 $0.34 +0.0%
Mar 16, 2021 Mar 31, 2021 $0.34 +0.0%
Feb 11, 2021 Feb 26, 2021 $0.34 +0.0%
Jan 14, 2021 Jan 29, 2021 $0.34 +0.0%
Dec 15, 2020 Dec 31, 2020 $0.34 +0.0%
Nov 12, 2020 Nov 30, 2020 $0.34 +0.0%
Oct 15, 2020 Oct 30, 2020 $0.34 +0.0%
Sep 15, 2020 Sep 30, 2020 $0.34 +0.0%
Aug 14, 2020 Aug 31, 2020 $0.34 +0.0%
Jul 16, 2020 Jul 31, 2020 $0.34 -49.6%
Jun 12, 2020 Jun 30, 2020 $0.675 +0.0%
May 13, 2020 May 29, 2020 $0.675 +0.0%
Apr 14, 2020 Apr 30, 2020 $0.675 +0.0%
Mar 16, 2020 Mar 31, 2020 $0.675 +0.0%
Feb 13, 2020 Feb 28, 2020 $0.675 +0.0%
Jan 16, 2020 Jan 31, 2020 $0.675 +0.0%
Dec 17, 2019 Dec 31, 2019 $0.675 +0.0%
Nov 14, 2019 Nov 29, 2019 $0.675 +0.0%
Oct 18, 2019 Oct 31, 2019 $0.675 +0.0%
Sep 20, 2019 Sep 30, 2019 $0.675 +0.0%
Aug 22, 2019 Aug 30, 2019 $0.675 +0.0%
Jul 23, 2019 Jul 31, 2019 $0.675 +0.0%
Jun 20, 2019 Jun 28, 2019 $0.675 +0.0%
May 23, 2019 May 31, 2019 $0.675 +0.0%
Apr 22, 2019 Apr 30, 2019 $0.675 +0.0%
Mar 21, 2019 Mar 29, 2019 $0.675 +0.0%
Feb 20, 2019 Feb 28, 2019 $0.675 +0.0%
Jan 23, 2019 Jan 31, 2019 $0.675 +0.0%
Dec 21, 2018 Dec 31, 2018 $0.675 +0.0%
Nov 21, 2018 Nov 30, 2018 $0.675 +0.0%
Oct 23, 2018 Oct 31, 2018 $0.675 +0.0%
Sep 19, 2018 Sep 28, 2018 $0.675 +0.0%
Aug 22, 2018 Aug 31, 2018 $0.675 +0.0%
Jul 20, 2018 Jul 31, 2018 $0.675 +0.0%
Jun 20, 2018 Jun 29, 2018 $0.675 +0.0%
May 22, 2018 May 31, 2018 $0.675 +0.0%
Apr 19, 2018 Apr 30, 2018 $0.675 +0.0%
Mar 21, 2018 Mar 30, 2018 $0.675 +0.0%
Feb 16, 2018 Feb 28, 2018 $0.675 +0.0%
Jan 22, 2018 Jan 31, 2018 $0.675 -66.2%
Dec 14, 2017 Dec 29, 2017 $2.00 +0.0%
Sep 14, 2017 Sep 29, 2017 $2.00 +0.0%
Jun 14, 2017 Jun 30, 2017 $2.00 -33.3%
Mar 14, 2017 Mar 31, 2017 $3.00 +0.0%
Dec 14, 2016 Dec 30, 2016 $3.00 +0.0%
Sep 14, 2016 Sep 30, 2016 $3.00 +0.0%
Jun 14, 2016 Jun 30, 2016 $3.00 +0.0%
Mar 14, 2016 Mar 31, 2016 $3.00 +0.0%
Dec 14, 2015 Dec 31, 2015 $3.00 +0.0%
Sep 28, 2015 Oct 30, 2015 $3.00 +0.0%
Jun 12, 2015 Jun 30, 2015 $3.00 +0.0%
Mar 13, 2015 Mar 31, 2015 $3.00 +0.0%
Dec 15, 2014 Dec 31, 2014 $3.00 +0.0%
Sep 12, 2014 Sep 30, 2014 $3.00 +0.0%
Jun 12, 2014 Jun 30, 2014 $3.00 -14.3%
Mar 13, 2014 Mar 31, 2014 $3.50 +27.3%
Dec 13, 2013 Dec 31, 2013 $2.75 +0.0%
Sep 12, 2013 Sep 30, 2013 $2.75 +0.0%
Jun 12, 2013 Jun 28, 2013 $2.75 +0.0%
Mar 13, 2013 Mar 29, 2013 $2.75 +0.0%
Dec 13, 2012 $2.75 +0.0%
Sep 12, 2012 $2.75 +0.0%
Jun 13, 2012 $2.75 +0.0%
Mar 14, 2012 $2.75 +10.0%
Dec 14, 2011 $2.50 +0.0%
Sep 14, 2011 $2.50 +4.3%
Jun 14, 2011 $2.3969 +100.0%
Mar 17, 2011 $1.1985

Payout risk check

Distribution stabilityElevated risk

OXLC's last 12 distributions were variable (consistency score 68/100).

Its share price moved -48.7% over the past year.

A 40.1% yield paired with a falling share price is the classic sign of NAV erosion: part of each distribution may be a return of your own capital rather than income the fund earned, and the share price can keep grinding lower even while the headline yield looks attractive.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Oxford Lane Capital Corp.

Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated. Oxford Lane Capital Corp was formed on June 9, 2010 and is domiciled in the United States.

First distribution on our records: Mar 17, 2011. 132 payments tracked.

OXLC distribution FAQ

When is OXLC's next ex-distribution date?

OXLC's next ex-distribution date is Sep 16, 2026 (in 8 days, declared by the fund). You must own the shares before that date to receive the payment of about $0.20 per share, expected on Sep 30, 2026.

How often does OXLC pay distributions?

OXLC pays distributions every month, 12 times a year. The most recent payment was $0.20 per share with an ex-date of Aug 17, 2026.

What is OXLC's distribution yield?

OXLC's trailing 12-month distribution yield is 40.06%, based on $3.85 per share paid over the last year and a share price of $9.61. The forward yield, using the indicated annual rate of $3.85 per share, is 40.06%.

How much does OXLC pay per share?

OXLC pays about $0.20 per share each month, which works out to roughly $3.85 per share a year. 100 shares would collect about $385.00 a year.

Has OXLC grown or cut its distribution?

Over the last 5 years the regular payout has shrunk at 1.2% a year (-28.7% over the last year). There has been no cut to a regular payment in the last 5 years. As a fund, OXLC's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.

How many shares of OXLC do I need to earn $100 a month?

At the current forward yield of 40.06%, you would need about 312 shares of OXLC (roughly $2,995 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.

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