# Oxford Lane Capital Corp. (OXLC)

> Source: Nexqual · https://nexqual.com/OXLC · data as of 2026-11-09 21:00 UTC · cite as "Nexqual, Oxford Lane Capital Corp. (OXLC), nexqual.com/OXLC" · informational, not investment advice.

**Price:** USD 5.08 (+3.25% on the day) · last close of Nov 9, 2026; US market pre market, not a live price. Prev close 4.92 · day 4.86–5.16 · 52w 4.62–15.39 · market cap $498M · NGM

## Key facts
- Analysts: None (1 analysts), mean target USD 12.5 (range 12.5–12.5).
- Total return with dividends: 1Y -53.5% vs S&P 500 +11.7%; 5Y -63.5% vs S&P 500 +72.2%.
- Dividend: USD 1.2 a year (yield 23.55%), paid monthly; next ex-dividend date 2026-11-16; annual dividends grew 5.3% a year 2022–2025.
- Short interest: 6.71% of float (as of 2026-10-15), 5.5 days to cover.

## Analysts
Consensus None, 1 analysts; mean target USD 12.5 (low 12.5, high 12.5).

## Total return (dividends reinvested)
|  | 1Y (from 2025-11-10) | 5Y (from 2021-11-08) |
|---|---|---|
| Total return | -53.5% | -63.5% |
| S&P 500 (SPY) | +11.7% | +72.2% |
| Per year | -53.6% | -18.2% |
| Volatility (annualized) | 44.2% | 31.3% |
| Max drawdown | -57.9% (Jan 2026→Nov 2026) | -68.7% (May 2025→Nov 2026) |

## Dividends
Annual dividend rate USD 1.20 per share, yield 23.55% at the current price. Paid over the last 12 months: USD 3.40 in 12 payments (monthly).
Next ex-dividend date: Nov 16, 2026; payment date: Mar 29, 2019. To receive a dividend, shares must be owned before the ex-dividend date.
Latest change: cut 50.0% to USD 0.20 per payment from USD 0.40, starting with the Apr 16, 2026 ex-dividend date.
Payout ratio 547% of earnings (above 100%: dividends exceeded net income; for REITs and partnerships, cash-flow measures are more relevant) · 5-year average yield 19.51% · annual dividends grew 5.3% a year from 2022 to 2025.
| Ex-dividend date | Amount per share |
|---|---|
| 2026-10-16 | USD 0.20 |
| 2026-09-16 | USD 0.20 |
| 2026-08-17 | USD 0.20 |
| 2026-07-17 | USD 0.20 |
| 2026-06-16 | USD 0.20 |
| 2026-05-15 | USD 0.20 |
| 2026-04-16 | USD 0.20 |
| 2026-03-17 | USD 0.40 |
Total by calendar year: 2022 USD 4.50 · 2023 USD 4.65 · 2024 USD 5.10 · 2025 USD 5.25.

## Short interest
6,363,846 shares sold short, 6.71% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 5,592,919 shares (+13.8%). Days to cover: 5.5 (short shares ÷ average daily volume).

## More
Full page: https://nexqual.com/OXLC · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-12-31) | $0.97 | $1.15 | -15.7% | $102.0M | 1 |
| Next quarter (ends 2027-03-31) | $1.00 | $1.21 | -17.4% | $106.0M | 1 |
| Current fiscal year (ends 2027-03-31) | $3.90 | $4.45 | -12.4% | $395.0M | 1 |
| Next fiscal year (ends 2028-03-31) | $4.50 | $0.00 | +$4.50 | $484.0M | 1 |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Sep 30, 2026 | $0.68 | $0.94 | Miss −27.7% | — |
| — | Quarter ended Jun 30, 2026 | $0.95 | $0.94 | Beat +1.1% | — |
| — | Quarter ended Mar 31, 2026 | $1.03 | $0.93 | Beat +10.8% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

## Recent SEC filings (last 120 days)
| Filed | Form | What it says | Filing |
|---|---|---|---|
| 2026-10-09 | Schedule 13G | Eagle Point Credit Management LLC: 19.0% of shares, passive 5%+ holder | https://www.sec.gov/Archives/edgar/data/1495222/000110465926115131/0001104659-26-115131-index.htm |
| 2026-09-03 | DEFA14A | Additional proxy material | https://www.sec.gov/Archives/edgar/data/1495222/000121390026097178/0001213900-26-097178-index.htm |
| 2026-09-03 | DEF 14A | Proxy statement (pay, board, votes) · period ended Oct 22, 2026 | https://www.sec.gov/Archives/edgar/data/1495222/000121390026097175/0001213900-26-097175-index.htm |
| 2026-08-14 | Schedule 13G/A | KARPUS MANAGEMENT, INC.: 3.6% of shares, passive 5%+ holder (amended) | https://www.sec.gov/Archives/edgar/data/1495222/000107261326000679/0001072613-26-000679-index.htm |
| 2026-08-14 | Schedule 13G/A | KARPUS MANAGEMENT, INC.: 4.3% of shares, passive 5%+ holder (amended) | https://www.sec.gov/Archives/edgar/data/1495222/000107261326000678/0001072613-26-000678-index.htm |
| 2026-08-14 | Schedule 13G/A | KARPUS MANAGEMENT, INC.: 2.0% of shares, passive 5%+ holder (amended) | https://www.sec.gov/Archives/edgar/data/1495222/000107261326000677/0001072613-26-000677-index.htm |
| 2026-08-14 | Schedule 13G/A | KARPUS MANAGEMENT, INC.: 6.1% of shares, passive 5%+ holder (amended) | https://www.sec.gov/Archives/edgar/data/1495222/000107261326000676/0001072613-26-000676-index.htm |
| 2026-08-14 | Schedule 13G/A | Leroy Scott Frantz: 5.0% of shares, passive 5%+ holder (amended) | https://www.sec.gov/Archives/edgar/data/1495222/000121390026090013/0001213900-26-090013-index.htm |
Source: SEC EDGAR. Quotes are the opening words of each item as filed.