Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 7.08%.
YIELD ON COST (YOC)
7.08%
OXLCL now pays $1.69 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 5 years ago(2021-10-04) | $26.05 | 6.49% |
| 3 years ago(2023-10-05) | $22.42 | 7.54% |
| 1 year ago(2025-10-03) | $23.81 | 7.10% |
| Buying today(at $23.93) | $23.93 | 7.08% |
Projection: starting from today's 7.08% yield, assuming the dividend keeps compounding at 14.4% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
7.08%
In 3 years
10.60%
In 5 years
13.87%
In 10 years
27.20%
Try your own purchase price, dividend and growth rate for Oxford Lane Capital Corp. 6.75% Notes due 2031 (OXLCL).
Starting Yield
7.06%
Ending YOC
22.40%
Year 15 Dividend
$5.36
Cum. Dividends Recd.
$49.56
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.69 | N/A | 7.06% | $0.00 |
| Year 1 | $1.83 | +8.00% | 7.63% | $1.83 |
| Year 2 | $1.97 | +8.00% | 8.24% | $3.80 |
| Year 3 | $2.13 | +8.00% | 8.90% | $5.93 |
| Year 4 | $2.30 | +8.00% | 9.61% | $8.22 |
| Year 5 | $2.48 | +8.00% | 10.38% | $10.71 |
| Year 6 | $2.68 | +8.00% | 11.21% | $13.39 |
| Year 7 | $2.90 | +8.00% | 12.10% | $16.29 |
| Year 8 | $3.13 | +8.00% | 13.07% | $19.41 |
| Year 9 | $3.38 | +8.00% | 14.12% | $22.79 |
| Year 10 | $3.65 | +8.00% | 15.25% | $26.44 |
| Year 11 | $3.94 | +8.00% | 16.47% | $30.38 |
| Year 12 | $4.26 | +8.00% | 17.78% | $34.64 |
| Year 13 | $4.60 | +8.00% | 19.21% | $39.23 |
| Year 14 | $4.96 | +8.00% | 20.74% | $44.20 |
| Year 15 | $5.36 | +8.00% | 22.40% | $49.56 |
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
