The closed-end fund maintains its monthly payout of $0.20 per share, reflecting a forward yield of 28.44%.
Oxford Lane Capital (OXLC) announced a $0.20 per share monthly dividend, unchanged from previous distributions. The payout corresponds to a forward yield of 28.44%, based on current share prices.
The dividend is payable on October 30 to shareholders of record as of October 16, with an ex-dividend date of October 16. A second payment of the same amount is scheduled for November 30, with a record date of November 16 and an ex-dividend date of November 16.
The consistent dividend aligns with the fund’s prior distributions, signaling stability in its payout strategy.