6.12.2023

Additional air in the air cushion

Two of our holdings have increased their dividends in 2023. They are Main Street Capital Corporation Common Stock (MAIN) and Oxford Lane Capital Corp. Common Stock (OXLC).

At the beginning of the year, MAIN had a monthly dividend of ¢0.225, which from July they will increase to ¢0.23. During the same time period as MAIN, OXLC raises its dividend from ¢0.075 to ¢0.08.

I will not adjust my spreadsheet for these changes. Instead, I will use these small increases to reduce my deficit.

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