Oaktree Specialty Lending Corp. (NASDAQ:OCSL) Plans $0.40 Quarterly Dividend

Oaktree Specialty Lending Corp. (NASDAQ:OCSL) announced a quarterly dividend on Wednesday, February 4th. Investors of record on Monday, March 16th will be paid a dividend of 0.40 per share by the credit services provider on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 12.8%. The ex-dividend date is Monday, March 16th.

Oaktree Specialty Lending has increased its dividend payment by an average of 0.1%per year over the last three years. Oaktree Specialty Lending has a dividend payout ratio of 69.3% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Oaktree Specialty Lending to earn $1.94 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 82.5%.

Oaktree Specialty Lending Trading Up 3.3%

OCSL stock traded up $0.40 during midday trading on Wednesday, hitting $12.54. 1,772,566 shares of the company’s stock were exchanged, compared to its average volume of 700,197. Oaktree Specialty Lending has a one year low of $11.94 and a one year high of $16.29. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.20 and a current ratio of 0.20. The company has a market cap of $1.10 billion, a PE ratio of 32.15 and a beta of 0.52. The stock’s fifty day moving average price is $12.98 and its 200-day moving average price is $13.35.

Oaktree Specialty Lending (NASDAQ:OCSL) last released its quarterly earnings results on Wednesday, February 4th. The credit services provider reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.03. Oaktree Specialty Lending had a return on equity of 10.31% and a net margin of 10.71%.The company had revenue of $74.48 million for the quarter, compared to analyst estimates of $75.72 million. During the same quarter last year, the firm posted $0.54 earnings per share. Research analysts predict that Oaktree Specialty Lending will post 2.06 earnings per share for the current fiscal year.

More Oaktree Specialty Lending News

Here are the key news stories impacting Oaktree Specialty Lending this week:

• Positive Sentiment: High dividend declared: OCSL announced a quarterly dividend of $0.40 per share (ex‑dividend/record dates in March), implying a roughly 12.8% yield — a clear income attraction for yield‑seeking investors.
• Positive Sentiment: Beat on EPS vs. consensus: Q1 EPS came in at $0.41, topping the consensus $0.38 estimate, which supports near‑term sentiment. Zacks: OCSL Beats Q1
• Positive Sentiment: Active deployment of capital: Management signaled $314M of new investment deployment and described navigating shifts in the credit market (including AI‑related dynamics), indicating continued loan/investment origination. MSN: Deployment and market commentary
• Neutral Sentiment: Analyst target above current price: Some analysts maintain a $14.25 target, which is above the current trading range and may support upside expectation, but it’s not a guarantee of near‑term moves. Analyst target article
• Neutral Sentiment: Investor resources available: The earnings call transcript and slide deck are available for deeper diligence (useful for investors assessing portfolio quality and pipeline). Earnings call transcript
• Negative Sentiment: Revenue slight miss and y/y EPS decline: Total investment income/revenue edged below some expectations ($74.5M vs. ~$75.7M expected) and EPS is down from $0.54 a year ago — factors that could cap multiple expansion if trends persist. Investing.com: revenue/earnings coverage

Oaktree Specialty Lending Company Profile

Oaktree Specialty Lending Corporation (NASDAQ: OCSL) is a closed-end, externally managed specialty finance company structured as a business development company (BDC). Launched in 2014, Oaktree Specialty Lending provides customized debt solutions to U.S. middle-market companies, with a focus on senior secured loans, second-lien financings, mezzanine debt and select equity co-investments. The company’s investment strategy centers on floating-rate instruments designed to offer downside protection and income potential in varying interest rate environments.

The firm’s portfolio spans a diverse array of industries, including healthcare, technology, energy, business services and consumer products.