Is Oaktree Specialty Lending Corporation a good dividend stock?

Oaktree Specialty Lending Corporation (OCSL) is a dividend-paying stock with a current dividend yield of 12.67%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is OCSL's dividend yield?

The dividend yield for OCSL stock is currently 12.67%.

How much does OCSL pay in dividends per year?

Oaktree Specialty Lending Corporation pays an annual dividend of $1.5400 per share over the trailing twelve months.

How often does OCSL pay dividends?

OCSL stock pays dividends quarterly.

Is OCSL's dividend growing?

Oaktree Specialty Lending Corporation's 3-year dividend CAGR is -1.47%.

OCSL Stock Price, Chart, Stats & News

Oaktree Specialty Lending Corporation

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Overview Dividend safety Dividends Fundamentals

Oaktree Specialty Lending Corporation (OCSL) is a dividend-paying stock with a current dividend yield of 12.67% as of Jul 17, 2026. It pays $1.54 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 2.00% 5-year compound annual rate.

1.07B

Market cap

7.79x

Current P/E

9.50x

Forward P/E

12.67%

Dividend yield

$1.54

OCSL dividend

Dividend safety

At-risk

OCSL pays out about 99% of earnings, leaving little safety margin.

See the safety analysis

OCSL chart

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Fundamentals

Gross margin	62.22%
Operating margin	39.73%
Pretax margin	15.35%
Net margin	14.94%
Effective tax rate	2.68%
ROA	1.04%
ROE	2.21%
D/E	1.12x
Interest coverage ratio	0.77x

All financials

OCSL valuation

P/E	7.79x
P/S	4.46x
P/B	0.67x
P/CF	12.14x
P/FCF	12.14x
P/OCF	12.14x
PEG	-3.88x
EV multiple	-6.59x

About

Oaktree Specialty Lending Corporation (OCSL) functions as a business development company (BDC), dedicated to providing capital solutions for middle-market businesses. Its investment strategy involves a diverse array of financing types, including interim bridge loans, various tiers of secured debt (first and second lien, senior and junior), unsecured loans, hybrid mezzanine debt, and preferred equity stakes. These funds are primarily deployed to support growth initiatives such as corporate expansions, acquisitions led by private equity sponsors, and management buyouts within small and mid-sized enterprises.