Oaktree Specialty Lending Corporation

Oaktree Specialty Lending Corporation

OCSLยทNASDAQ

$11.81

-3.0%
Financial ServicesFinancial - Credit Services

Oaktree Specialty Lending Corporation is a business development company specializing in investments in middle market, bridge financing, first and second lien debt financing, unsecured and mezzanine loan, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, preferred equity and management buyouts in small and mid-sized companies. It seeks to invest in education services, business services, retail and consumer, healthcare, manufacturing, food and restaurants, construction and engineering, and media and advertising sectors. It invests between $5 million to $75 million principally in the form of one-stop, first lien, and second lien debt investments, which may include an equity co-investment component in companies with enterprise value between $20 million and $150 million and EBITDA between $3 million and $50 million. The fund has a hold size of up to $75 million and may underwrite transactions up to $100 million. It primarily invests in North America. The fund seeks to be a lead investor in its portfolio companies.

At a Glance

Live Snapshot
Market Cap$1.04B
EPS0.3900
P/E Ratio30.28
Earnings Date08/04/2026
3.54%
Dividend Yield
17%
3Y+18.0%
5Y+96.0%
10Y-10.0%
102.52%
Dividend Payout Ratio
-83%
3Y-46.0%
5Y+451.0%
10Y-122.0%
3Y-100.0%
5Y-100.0%
10Y-100.0%
Oaktree Specialty Lending Corporation

Oaktree Specialty Lending Corporation Dividend History

OCSL ยท NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

OCSL Dividend Payment History

OCSL ยท NASDAQ

Total Payments

50

Latest Dividend

$0.3400

Annual Amount

$1.9600

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 5, 2026
Jun 15, 2026Jun 30, 2026
$0.3400
$0.3400
Quarterly-15.00%
Feb 4, 2026
Mar 16, 2026Mar 31, 2026
$0.4000
$0.4000
Quarterly0.00%
Nov 18, 2025
Dec 15, 2025Dec 31, 2025
$0.4000
$0.4000
Quarterly0.00%
Aug 5, 2025
Sep 15, 2025Sep 30, 2025
$0.4000
$0.4000
Quarterly-4.76%
Apr 30, 2025
Jun 16, 2025Jun 30, 2025
$0.4200
$0.4200
Quarterly-10.64%
Feb 4, 2025
Mar 17, 2025Mar 31, 2025
$0.4700
$0.4700
Quarterly-14.55%
Nov 19, 2024
Dec 16, 2024Dec 31, 2024
$0.5500
$0.5500
Quarterly0.00%
Aug 1, 2024
Sep 16, 2024Sep 30, 2024
$0.5500
$0.5500
Quarterly0.00%
Apr 30, 2024
Jun 14, 2024Jun 28, 2024
$0.5500
$0.5500
Quarterly0.00%
Feb 1, 2024
Mar 15, 2024Mar 29, 2024
$0.5500
$0.5500
Quarterly-11.29%
Nov 14, 2023
Dec 15, 2023Dec 29, 2023
$0.6200
$0.6200
Quarterly+12.73%
Aug 3, 2023
Sep 15, 2023Sep 29, 2023
$0.5500
$0.5500
Quarterly0.00%
May 4, 2023
Jun 15, 2023Jun 30, 2023
$0.5500
$0.5500
Quarterly0.00%
Feb 7, 2023
Mar 15, 2023Mar 31, 2023
$0.5500
$0.5500
Quarterly-42.71%
Nov 15, 2022
Dec 15, 2022Dec 30, 2022
$0.3200
$0.9600
Quarterly+88.24%
Aug 4, 2022
Sep 15, 2022Sep 30, 2022
$0.1700
$0.5100
Quarterly+3.03%
May 5, 2022
Jun 15, 2022Jun 30, 2022
$0.1650
$0.4950
Quarterly+3.13%
Feb 3, 2022
Mar 15, 2022Mar 31, 2022
$0.1600
$0.4800
Quarterly+3.23%
Nov 16, 2021
Dec 15, 2021Dec 31, 2021
$0.1550
$0.4650
Quarterly+6.90%
Aug 5, 2021
Sep 15, 2021Sep 30, 2021
$0.1450
$0.4350
Quarterly+11.54%
May 6, 2021
Jun 15, 2021Jun 30, 2021
$0.1300
$0.3900
Quarterly+8.33%
Feb 4, 2021
Mar 15, 2021Mar 31, 2021
$0.1200
$0.3600
Quarterly+9.09%
Nov 19, 2020
Dec 15, 2020Dec 31, 2020
$0.1100
$0.3300
Quarterly+4.76%
Aug 10, 2020
Sep 15, 2020Sep 30, 2020
$0.1050
$0.3150
Quarterly+10.53%
May 7, 2020
Jun 15, 2020Jun 30, 2020
$0.0950
$0.2850
Quarterly0.00%
Feb 6, 2020
Mar 13, 2020Mar 31, 2020
$0.0950
$0.2850
Quarterly0.00%
Nov 20, 2019
Dec 13, 2019Dec 31, 2019
$0.0950
$0.2850
Quarterly0.00%
Aug 7, 2019
Sep 13, 2019Sep 30, 2019
$0.0950
$0.2850
Quarterly0.00%
May 8, 2019
Jun 14, 2019Jun 28, 2019
$0.0950
$0.2850
Quarterly0.00%
Feb 7, 2019
Mar 15, 2019Mar 29, 2019
$0.0950
$0.2850
Quarterly0.00%
Nov 29, 2018
Dec 17, 2018Dec 28, 2018
$0.0950
$0.2850
Quarterly0.00%
Aug 8, 2018
Sep 15, 2018Sep 28, 2018
$0.0950
$0.2850
Quarterly0.00%
May 8, 2018
Jun 15, 2018Jun 29, 2018
$0.0950
$0.2850
Quarterly+11.76%
Feb 8, 2018
Mar 15, 2018Mar 30, 2018
$0.0850
$0.2550
Quarterly-32.00%
Aug 9, 2017
Dec 15, 2017Dec 29, 2017
$0.1250
$0.3750
Quarterly0.00%
Feb 9, 2017
Sep 15, 2017Sep 29, 2017
$0.1250
$0.3750
Quarterly+525.00%
Feb 9, 2017
Jun 15, 2017Jun 30, 2017
$0.0200
$0.0600
Quarterly0.00%
Feb 9, 2017
Mar 15, 2017Mar 31, 2017
$0.0200
$0.0600
Monthly-66.67%
Oct 24, 2016
Feb 15, 2017Feb 28, 2017
$0.0600
$0.1800
Monthly0.00%
Oct 24, 2016
Jan 13, 2017Jan 31, 2017
$0.0600
$0.1800
Monthly0.00%
Oct 24, 2016
Dec 15, 2016Dec 30, 2016
$0.0600
$0.1800
Monthly0.00%
Aug 9, 2016
Nov 15, 2016Nov 30, 2016
$0.0600
$0.1800
Monthly0.00%
Aug 9, 2016
Oct 14, 2016Oct 31, 2016
$0.0600
$0.1800
Monthly0.00%
Aug 9, 2016
Sep 15, 2016Sep 30, 2016
$0.0600
$0.1800
Monthly0.00%
May 11, 2016
Aug 15, 2016Aug 31, 2016
$0.0600
$0.1800
Monthly0.00%
May 11, 2016
Jul 15, 2016Jul 29, 2016
$0.0600
$0.1800
Monthly0.00%
May 11, 2016
Jun 15, 2016Jun 30, 2016
$0.0600
$0.1800
Monthly0.00%
Mar 3, 2016
May 13, 2016May 31, 2016
$0.0600
$0.1800
Monthly0.00%
Mar 3, 2016
Apr 15, 2016Apr 29, 2016
$0.0600
$0.1800
Monthly0.00%
Mar 3, 2016
Mar 15, 2016Mar 31, 2016
$0.0600
$0.1800
Monthly-
ocsl

Oaktree Specialty Lending Corporation Payout Ratio Analysis

OCSL ยท NASDAQ
Dividends Paid
-148.20M
2025
Net Income
33.92M
2025
Payout Ratio
436.91%
2025

Dividend Sustainability Analysis

Payout Ratio
436.91%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
104.1%

FCF insufficient to cover dividends. Company relying on borrowing, asset sales, or cash reserves to maintain payout. Unsustainable long-term.

Dividend Growth
+16.2%

Strong dividend growth demonstrates management confidence and business strength. Excellent signal for long-term dividend investors.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.

Key Insight

Unsustainable dividend: Company paying out more than it generates in earnings or free cash flow. Dividend cut highly probable unless management takes corrective action or earnings recover dramatically.