Oxford Lane Capital Corp. OXLC

Any idea how many new shares are issued every month with DRIP ?

Okay so I did some research for those looking to learn more about this stock. I am new it too, so I found out the company was formed in 2010, and paid quarterly dividends of 60 cents for a while and then decreased it to 40 cents. They then made the switch to paying monthly dividends beginning in January 2018 of 0.135 per share. From what I see the June dividend is increased to .14 cents. The all time low from what I see is in the $5 range and the recent low was in December 2018 at the $7.50 range. I will check their financials but I love monthly dividend payers, especially shares $10 or less.

Just started following this stock. I love monthly dividend payers. This one looks great so far. Can anyone share how long they’ve been paying monthly dividends for and if they’ve had any periods of cuts or not paying? Thanks and I hope we all make lots of money!