[Troubles1]

What's going on with this stock.

[AlwaysRed]

They dilute shares to pay the dividend. Many of the monthly Div stocks do the same thing. It is impossible for them to pay such a high divy so they dilute shares into the market to pay the divys.

You may get 18% div however they dilute 30% to maintain the fund. That is why these stocks always go down long term. There is only 1 way to correctly play these stocks. And holding them long is not it.

[Goodword1]

So what is with the decreasing value? The dividend has been the same so you get more shares with dividend reinvestment program. 

[Citrati]

Dec 18, 2024 was a 1/4% rate cut. That was the 3rd rate cut of 2024.

[AlwaysRed]

When did the fed cut rates? I must have missed it

[Citrati]

Oops.

[texas_gal]

Thank you AlwaysRed!!

[AlwaysRed]

This is a banking stock. When interest rates get cut this stock will appreciate.

[texas_gal]

I am not committing to anything except the dividends are good. It has been awhile since the PPS has showed improvement.

[goodword88]

Are we looking a sustainable increase in stock price?

[texas_gal]

I didn't think of that but I see why.

[AlwaysRed]

Some people buy after the dividend is given out and then sell just before the dividend exdate.

[texas_gal]

Some people buy in to get the dividends and then sell after the dividends are given out.

[AlwaysRed]

Interest rates

[goodword88]

Why does this stock fluctuate like it does. Is this standard real estate activity?

[texas_gal]

Thank you!!

[bar1080]

Longer term chart reveals drop from $11 to $5.45, hugely denting the dividend income.

[bar1080]

There are certainly a lot of dips, if that's your goal. Suggests div cuts may be on the way.

[texas_gal]

I have been in OXLC for about a year. I buy the dips and enjoy the dividends.

[goodword88]

How long have you been in OXLC? I am only 3 months in.

[texas_gal]

Good for you! I also bought for the dividends.

[GO4AWILDRIDE]

goodword88

I remove the DIVI's to live on as I am retired and use OXLC and other DIVI paying companies for income.

GLTU

GO4AWILDRIDE

[goodword88]

Yes, the dividends are nice. Dividend reinvestment option is nice.

[GO4AWILDRIDE]

texas-gal

I have this in my account to collect the DIVI's.

So far so good.

This lastest uptick is making my account wayyyyy into the GREEN.

GLTU

GO4AWILDRIDE

[texas_gal]

I think so. I have been adding the dips.

[texas_gal]

I think so!! I have been adding the dips.

[goodword88]

OXLC making a comeback?

[texas_gal]

I loaded some 2 months ago and I am adding more tomorrow!!

[pray]

Adding 100 shares a week last two months. Looks good ....

[ROCKY LEDGE]

That's what you do. Imho.

Congrats!

OXLC

[ROCKY LEDGE]

Yup.....where you put your OTC winnings! Imho.

Ez.

OXLC

[OffTheGrid]

Adding

[ZZZ888]

How can you not love this dividend

[JTPD]

Up 6% today.

[theSauceman]

Wow! 0.81 / .0675 monthly! Beat my prediction by 1/3+ and the pessimistic guesses by a landslide! You hit it on the head Dividendz! I'm ready to rock!! We're still at 21%

[Anticipating]

Nice dip and recovery...OXLC!

[BRONSON]

I got out a long time ago

[Dividendz]

CEN still looks like on the dip and announced a reverse stock split... gotta look closer, they split already happen and you still in?

[Dividendz]

agreed, hoping for .06 to .07 monthly like they did with OXSQ cutting the dividend in half just recently.

[ClayTrader]

* * $OXLC Video Chart 06-01-2020 * *

Link to Video - click here to watch the technical chart video

[IanWhitfield]

Good guess.

Are you clairvoyant or is there news I can't find?

Is your dividend call why it is not even 11 AM, the volume today is more than the daily average and the stock is up 17%?

What's goin' on? Not complaining just curious.

[theSauceman]

Okay, I'll play...my guess on new div is .60 annual. Just a guess. .05 per month.

[Scotttrader80]

Management’s unaudited estimate of the range of our net asset value (“NAV”) per share of our common stock as of April 30, 2020 is between $2.67 and $2.77.

[thespiritofyah]

Is that your guess? If so then I'm thinking .06. I can't see it being higher than ECC's .08

[Scotttrader80]

9 cents per quarter is the new divy.

[huecares1]

On CEN is that .03 per quarter or .09?

[Scotttrader80]

I figure OXLC will come in around .05-.08 cents. Another company I follow $CEN was paying .1042 cents close to OXLC's .135 and they cut down to .03 then decided to pay quarterly. A lot of companies are cutting from lack of business over the Virus. 3rd Q across the board is going to be ugly no matter what the industry is.

Gotta have dry powder looking to scoop up bargains until the economy re-opens turning things around.

[thespiritofyah]

Some panicked after the statement made about OXLC cutting or suspending dividends. Who didn't know that they were going to cut reduce the dividend next quarter? I see it being cut in half but definitely not suspended

[Scotttrader80]

Everyone collecting divies have taken a beating. Companies need to self preserve. Its just business. The companies maintining their payouts will see a influx of divy chasers. Meanwhile the MM's are having a field day shorting. Bargains are being presented.

[thepat45]

They declared their dividend early in the year. I am not sure if they are able to make changes to it at this point. Either way, the dividend stock portion of my portfolio has taken a terrible beating..