Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.40%.
YIELD ON COST (YOC)
4.40%
OXLCM now pays $1.10 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) | $25.25 | 4.36% |
| 3 years ago(2023-10-05) | $24.81 | 4.43% |
| Buying today(at $25.04) | $25.04 | 4.40% |
Projection: starting from today's 4.40% yield, assuming the dividend keeps compounding at -16.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
4.40%
In 3 years
2.61%
In 5 years
1.85%
In 10 years
0.78%
Try your own purchase price, dividend and growth rate for Oxford Lane Capital Corp. (OXLCM).
Starting Yield
4.39%
Ending YOC
0.55%
Year 15 Dividend
$0.14
Cum. Dividends Recd.
$6.47
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.10 | N/A | 4.39% | $0.00 |
| Year 1 | $0.96 | -12.94% | 3.82% | $0.96 |
| Year 2 | $0.83 | -12.94% | 3.33% | $1.79 |
| Year 3 | $0.73 | -12.94% | 2.90% | $2.52 |
| Year 4 | $0.63 | -12.94% | 2.52% | $3.15 |
| Year 5 | $0.55 | -12.94% | 2.20% | $3.70 |
| Year 6 | $0.48 | -12.94% | 1.91% | $4.18 |
| Year 7 | $0.42 | -12.94% | 1.67% | $4.60 |
| Year 8 | $0.36 | -12.94% | 1.45% | $4.96 |
| Year 9 | $0.32 | -12.94% | 1.26% | $5.27 |
| Year 10 | $0.28 | -12.94% | 1.10% | $5.55 |
| Year 11 | $0.24 | -12.94% | 0.96% | $5.79 |
| Year 12 | $0.21 | -12.94% | 0.83% | $6.00 |
| Year 13 | $0.18 | -12.94% | 0.73% | $6.18 |
| Year 14 | $0.16 | -12.94% | 0.63% | $6.34 |
| Year 15 | $0.14 | -12.94% | 0.55% | $6.47 |
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
