Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Oxford Lane Capital Corp. (OXLCI)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$18.46 - $29.06$23.31
Multi-Stage$46.71 - $51.41$49.01
Blended Fair Value$36.16
Current Price$25.48
Upside41.93%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202520242023202220212020201920182017
DPS0.00%0.00%0.000.840.620.430.380.430.270.210.250.00
YoY Growth---100.00%35.96%43.14%14.00%-10.60%54.87%30.63%-15.10%0.00%0.00%
Dividend Yield--0.00%3.32%2.44%1.71%1.50%1.68%1.08%0.83%0.98%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)370.50
(-) Cash Dividends Paid (M)256.60
(=) Cash Retained (M)113.90
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)74.1046.3127.79
Cash Retained (M)113.90113.90113.90
(-) Cash Required (M)-74.10-46.31-27.79
(=) Excess Retained (M)39.8067.5986.11
(/) Shares Outstanding (M)197.36197.36197.36
(=) Excess Retained per Share0.200.340.44
LTM Dividend per Share1.301.301.30
(+) Excess Retained per Share0.200.340.44
(=) Adjusted Dividend1.501.641.74
WACC / Discount Rate5.97%5.97%5.97%
Growth Rate-2.00%-1.00%0.00%
Fair Value$18.46$23.31$29.06
Upside / Downside-27.57%-8.50%14.06%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)370.50366.80363.13359.50355.90352.34362.91
Payout Ratio69.26%73.41%77.55%81.70%85.85%90.00%92.50%
Projected Dividends (M)256.60269.25281.62293.72305.55317.11335.70

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.97%5.97%5.97%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)251.50254.07256.64
Year 2 PV (M)245.72250.76255.85
Year 3 PV (M)239.39246.79254.34
Year 4 PV (M)232.61242.25252.19
Year 5 PV (M)225.50237.24249.47
PV of Terminal Value (M)8,024.448,442.298,877.37
Equity Value (M)9,219.179,673.4110,145.87
Shares Outstanding (M)197.36197.36197.36
Fair Value$46.71$49.01$51.41
Upside / Downside83.33%92.36%101.76%

High-Yield Dividend Screener

« Prev Page 57 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
600559.SSHebei Hengshui Laobaigan Liquor Co., Ltd.2.78%$0.4564.37%
600905.SSChina Three Gorges Renewables (Group) Co.,Ltd.2.78%$0.1161.03%
9301.TMitsubishi Logistics Corporation2.78%$33.2924.28%
PMJS.JKPT Putra Mandiri Jembar Tbk2.78%$3.2046.17%
001500.KSHyundai Motor Securities Co., Ltd.2.77%$219.2027.59%
002673.SZWestern Securities Co., Ltd.2.77%$0.2250.84%
016580.KSWhan In Pharm Co.,Ltd.2.77%$300.2927.91%
3407.TAsahi Kasei Corporation2.77%$38.4137.00%
603529.SSAIMA Technology Group Co. Ltd.2.77%$0.8233.96%
6712.TWOEver Supreme Bio Technology Co., Ltd2.77%$4.6578.29%
ALGLD.PAGold By Gold S.A.2.77%$0.0953.50%
FRAGUAB.MXCorporativo Fragua, S.A.B. de C.V.2.77%$15.0830.80%
GSY.TOgoeasy Ltd.2.77%$3.6526.22%
PLAZ-B.STPlatzer Fastigheter Holding AB (publ)2.77%$2.0534.89%
002422.SZSichuan Kelun Pharmaceutical Co., Ltd.2.76%$0.8177.67%
002608.SZJiangsu Guoxin Corp. Ltd.2.76%$0.2021.73%
0ABJ.LAlleima AB (publ)2.76%$2.2958.73%
0QML.LBVZ Holding AG2.76%$34.0014.12%
0RH9.LNordic Waterproofing Holding AB (publ)2.76%$5.0370.88%
300428.SZLizhong Sitong Light Alloys Group Co., Ltd.2.76%$0.6452.10%
5076.TINFRONEER Holdings Inc.2.76%$58.9934.86%
603866.SSToly Bread Co.,Ltd.2.76%$0.1560.39%
000030.SZFAWER Automotive Parts Limited Company2.75%$0.1640.40%
002216.SZSanquan Food Co., Ltd.2.75%$0.3150.18%
002658.SZBeijing SDL Technology Co.,Ltd.2.75%$0.2575.22%
017900.KSAUK Corp.2.75%$49.6364.11%
035150.KSBAIKSAN Co,. Ltd2.75%$355.8316.51%
4031.SRSaudi Ground Services Company2.75%$1.0047.84%
5880.TWTaiwan Cooperative Financial Holding Co., Ltd.2.75%$0.6754.40%
601006.SSDaqin Railway Co., Ltd.2.75%$0.1442.92%
6098.HKCountry Garden Services Holdings Company Limited2.75%$0.1774.92%
688408.SSArctech Solar Holding Co., Ltd.2.75%$1.1677.11%
7981.TTakara Standard Co.,Ltd.2.75%$80.2137.23%
BMA.BABanco Macro S.A.2.75%$382.2958.85%
BN4.SIKeppel Corporation Limited2.75%$0.2975.31%
XRF.AXXRF Scientific Limited2.75%$0.0642.12%
002034.SZWangneng Environment Co., Ltd.2.74%$0.4434.20%
002170.KSSamyang Tongsang Co., Ltd2.74%$1,511.7730.07%
002936.SZBank of Zhengzhou Co., Ltd.2.74%$0.0525.12%
F17.SIGuocoLand Limited2.74%$0.0648.52%
IZS.WAIzostal S.A.2.74%$0.0921.81%
MAJOR-R.BKMajor Cineplex Group Public Company Limited2.74%$0.1928.63%
4704.TTrend Micro Incorporated2.73%$177.4367.34%
600826.SSDlg Exhibitions & Events Corporation Limited2.73%$0.2972.85%
600976.SSJianmin Pharmaceutical Group Co.,Ltd.2.73%$0.9243.09%
601728.SSChina Telecom Corporation Limited2.73%$0.1743.22%
7036.TeMnet Japan.co.ltd.2.73%$31.7695.99%
BYMA.BABolsas y Mercados Argentinos S.A.2.73%$8.2440.37%
CRIV3.SAFinanceira Alfa S.A. - Crédito, Financiamento e Investimentos2.73%$0.1998.46%
PND.FMowi ASA2.73%$0.5773.97%