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 22.20% 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:
Looking at the chart above, OXLC's low point in its 52 week range is $4.67 per share, with $5.78 as the 52 week high point — that compares with a last trade of $4.86.
Free Report: Top 8%+ Dividends (paid monthly)
Oxford Lane Capital Corp is in our coverage universe of monthly dividend paying stocks. In Thursday trading, Oxford Lane Capital Corp shares are currently up about 0.3% on the day.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.