3.06.2024

Finally

In the end, even Nordnet managed to pay off Oxford Lane Capital Corp. Common Stock (OXLC) dividend for February 2024. With this payment, all dividends for February 2024 have been paid out.

This time the exchange rate difference worked in our favor so the outcome was 2.7% better than the forecast. During March, SEK has become stronger against USD, so there is a great risk that the exchange rate difference will be to our disadvantage this month. Given that March is for us the fourth best dividend month of the year, the deficit may be greater than the accumulated profit so far.

It is only this month that my chart where I exclude extra dividends will clearly deviate from the other charts. The goal of this chart is for the forecast/outcome bars to be the same height. Then my calculations match exactly. So far, the extra dividends have been so few that they hardly made any impression on the follow-up.
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