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Posted by
Two Blokes May 23, 2025 -
Filed in
Stock
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5 views
Despite Oxford Lane Capital Corporation's 24% dividend yield, I recommend avoiding it due to its poor track record and inability to cover its dividend. Net investment income per share is declining sharply, failing to cover the dividend and suggesting a high risk of future dividend cuts. Net asset value per share is dropping rapidly, and the stock trades at a premium to NAV nevertheless.
