Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 5.02%.
YIELD ON COST (YOC)
5.02%
OXLCZ now pays $1.25 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 |
|---|---|---|
| 3 years ago(2023-10-05) | $22.13 | 5.65% |
| 1 year ago(2025-10-03) | $24.20 | 5.17% |
| Buying today(at $24.93) | $24.93 | 5.02% |
Projection: starting from today's 5.02% yield, assuming the dividend keeps compounding at 1.1% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
5.02%
In 3 years
5.19%
In 5 years
5.31%
In 10 years
5.62%
Try your own purchase price, dividend and growth rate for Oxford Lane Capital Corp. 5.00% Notes due 2027 (OXLCZ).
Starting Yield
5.01%
Ending YOC
15.91%
Year 15 Dividend
$3.97
Cum. Dividends Recd.
$36.66
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.25 | N/A | 5.01% | $0.00 |
| Year 1 | $1.35 | +8.00% | 5.42% | $1.35 |
| Year 2 | $1.46 | +8.00% | 5.85% | $2.81 |
| Year 3 | $1.57 | +8.00% | 6.32% | $4.38 |
| Year 4 | $1.70 | +8.00% | 6.82% | $6.08 |
| Year 5 | $1.84 | +8.00% | 7.37% | $7.92 |
| Year 6 | $1.98 | +8.00% | 7.96% | $9.90 |
| Year 7 | $2.14 | +8.00% | 8.59% | $12.05 |
| Year 8 | $2.31 | +8.00% | 9.28% | $14.36 |
| Year 9 | $2.50 | +8.00% | 10.02% | $16.86 |
| Year 10 | $2.70 | +8.00% | 10.82% | $19.56 |
| Year 11 | $2.91 | +8.00% | 11.69% | $22.47 |
| Year 12 | $3.15 | +8.00% | 12.63% | $25.62 |
| Year 13 | $3.40 | +8.00% | 13.64% | $29.02 |
| Year 14 | $3.67 | +8.00% | 14.73% | $32.69 |
| Year 15 | $3.97 | +8.00% | 15.91% | $36.66 |
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
