OCSL Dividend History & Analysis | 12.9% Yield

OCSL has a dividend yield of 12.9% and paid 1.96 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 12.91%
Payout Ratio 98.7%
Growth Rate CAGR 5y 0.60%
Consistency Lifetime 90.1%
Yield on Cost 5y 17.36%
Payout FCF -
Streak Years -
Dividend Rating 52.35%
Ex-Dividend in 24 days: Buy before Jun 15, 2026 to receive the next dividend.
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
■ Payout Yield (right) ■ Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Asset Management & Custody Banks

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
ECC 533 M 28.42% 36.07%
ECAT 1,512 M 23.72% 35.41%
BCAT 1,614 M 23.57% 33.83%
OXSQ 154 M 23.31% 24.35%
CION 330 M 17.85% 32.41%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
FSCO 1,026 M 105.43% 90.0%
OWL 14,702 M 60.14% 100.0%
BXSL 5,588 M 55.26% 90.8%
ECAT 1,512 M 43.41% 100.0%
VCTR 5,149 M 38.32% 100.0%
Quality Dividend Peers in Asset Management & Custody Banks NBXG Neuberger Berman Next
10.27% Yield VCTR Victory Capital Holdings
3.01% Yield AMUN
6.11% Yield BSTZ BlackRock Science
12.52% Yield BK The Bank of New York Mellon
1.86% Yield NTRS Northern Trust
2.51% Yield
OCSL Dividend History: Last 50 Payments (USD) as of May 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-15 2026-06-15 2026-06-30 0.34 -15% N/A
2026-03-16 2026-03-16 2026-03-31 Quarterly 0.4 0% 3.74%
2025-12-15 2025-12-15 2025-12-31 Quarterly 0.4 0% 3.04%
2025-09-15 2025-09-15 2025-09-30 Quarterly 0.4 -4.8% 2.98%
2025-06-16 2025-06-16 2025-06-30 Quarterly 0.42 -10.6% 3%
2025-03-17 2025-03-17 2025-03-31 Quarterly 0.47 -14.5% 3.07%
2024-12-16 2024-12-16 2024-12-31 Quarterly 0.55 0% 3.56%
2024-09-16 2024-09-16 2024-09-30 Quarterly 0.55 0% 3.42%
2024-06-14 2024-06-14 2024-06-28 Quarterly 0.55 0% 2.91%
2024-03-14 2024-03-15 2024-03-29 Quarterly 0.55 -11.3% 2.86%
2023-12-14 2023-12-15 2023-12-29 Quarterly 0.62 +12.7% 3.08%
2023-09-14 2023-09-15 2023-09-29 Quarterly 0.55 0% 2.73%
2023-06-14 2023-06-15 2023-06-30 Quarterly 0.55 0% 2.84%
2023-03-14 2023-03-15 2023-03-31 Quarterly 0.55 +71.9% 3.01%
2022-12-14 2022-12-15 2022-12-30 Quarterly 0.32 +88.2% 4.67%
2022-09-14 2022-09-15 2022-09-30 Quarterly 0.17 +3% 2.55%
2022-06-14 2022-06-15 2022-06-30 Quarterly 0.165 +3.1% 2.54%
2022-03-14 2022-03-15 2022-03-31 Quarterly 0.16 +3.2% 2.2%
2021-12-14 2021-12-15 2021-12-31 Quarterly 0.155 +6.9% 2.11%
2021-09-14 2021-09-15 2021-09-30 Quarterly 0.145 +11.5% 2.03%
2021-06-14 2021-06-15 2021-06-30 Quarterly 0.13 +8.3% 1.9%
2021-03-12 2021-03-15 2021-03-31 Quarterly 0.12 +9.1% N/A
2020-12-14 2020-12-15 2020-12-31 Quarterly 0.11 +4.8% N/A
2020-09-14 2020-09-15 2020-09-30 Quarterly 0.105 +10.5% N/A
2020-06-12 2020-06-15 2020-06-30 Quarterly 0.095 0% N/A
2020-03-12 2020-03-13 2020-03-31 Quarterly 0.095 0% N/A
2019-12-12 2019-12-13 2019-12-31 Quarterly 0.095 0% N/A
2019-09-12 2019-09-13 2019-09-30 Quarterly 0.095 0% N/A
2019-06-13 2019-06-14 2019-06-28 Quarterly 0.095 0% N/A
2019-03-14 2019-03-15 2019-03-29 Quarterly 0.095 0% N/A
2018-12-14 2018-12-17 2018-12-28 Quarterly 0.095 0% N/A
2018-09-13 2018-09-15 2018-09-28 Quarterly 0.095 0% N/A
2018-06-14 2018-06-15 2018-06-29 Quarterly 0.095 +11.8% N/A
2018-03-14 2018-03-15 2018-03-30 Quarterly 0.085 -32% N/A
2017-12-14 2017-12-15 2017-12-29 Quarterly 0.125 0% N/A
2017-09-14 2017-09-15 2017-09-29 Quarterly 0.125 +525% N/A
2017-06-13 2017-06-15 2017-06-30 Quarterly 0.02 0% N/A
2017-03-13 2017-03-15 2017-03-31 Quarterly 0.02 -66.7% N/A
2017-02-13 2017-02-15 2017-02-28 Monthly 0.06 0% N/A
2017-01-11 2017-01-13 2017-01-31 Monthly 0.06 0% N/A
2016-12-13 2016-12-15 2016-12-30 Monthly 0.06 0% N/A
2016-11-10 2016-11-15 2016-11-30 Monthly 0.06 0% N/A
2016-10-12 2016-10-14 2016-10-31 Monthly 0.06 0% N/A
2016-09-13 2016-09-15 2016-09-30 Monthly 0.06 0% N/A
2016-08-11 2016-08-15 2016-08-31 Monthly 0.06 0% N/A
2016-07-13 2016-07-15 2016-07-29 Monthly 0.06 0% N/A
2016-06-13 2016-06-15 2016-06-30 Monthly 0.06 0% N/A
2016-05-11 2016-05-13 2016-05-31 Monthly 0.06 0% N/A
2016-04-13 2016-04-15 2016-04-29 Monthly 0.06 0% N/A
2016-03-11 2016-03-15 2016-03-31 Monthly 0.06 0% N/A

OCSL Dividend FAQ

Oaktree Specialty Lending Corporation (OCSL) is a business development company (BDC) that provides customized financing solutions to small and mid-sized companies. The firm focuses on North American middle-market entities, primarily utilizing first and second lien debt, bridge financing, and mezzanine loans to support acquisitions, management buyouts, and corporate expansions.

What is the Dividend Yield of OCSL?

As of May 2026, OCSL's dividend yield is 12.91%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.96 USD by the current share price of 11.80.

Does OCSL pay a dividend?

As of May 2026, OCSL paid a dividend of 1.96 USD in the last 12 months. The last dividend was paid on 2026-06-15 and the payout was 0.34 USD.

How often does OCSL pay dividends?

OCSL pays dividends quarterly. Over the last 12 months, OCSL has issued 5 dividend payments. The last dividend payment was made on 2026-06-15.

OCSL dividend forecast

Based on historical data, the forecasted dividends per share for OCSL for the next payments are between 0.434 (+27.6%) and 0.508 (+49.4%). This represents a strong dividend growth compared to the last payment. The expected Yield for the next 12 months is about 15.9%.

Will OCSL pay dividends in 2026?

The latest dividend paid per share was 0.34 USD with an Ex-Dividend Date of 2026-06-15. The next Ex-Dividend date for Oaktree Specialty Lending (OCSL) is 2026-06-15.

What is the next Ex-Dividend Date for OCSL?

The next Ex-Dividend date for Oaktree Specialty Lending (OCSL) is 2026-06-15.

What is the Dividend Growth of OCSL?

OCSL's average dividend growth rate over the past 5 years is 0.60% per year. Weak growth: OCSL's dividend growth is lower than inflation.

What is the Yield on Cost of OCSL?

OCSL's 5-Year Yield on Cost is 17.4%. If you bought OCSL's shares at 11.29 USD five years ago, your current annual dividend income (1.96 USD per share, trailing 12 months) equals 17.4% of your original purchase price.

What is the Payout Consistency of OCSL?

OCSL Payout Consistency is 90.1%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Oaktree Specialty Lending has a strong track record of consistent dividend payments over its lifetime.

Does OCSL have a good Dividend Yield?

OCSL's 12.91% Dividend Yield is considered as extremely high. Investors should watch out for NAV decline.

What is the Dividend Payout Ratio of OCSL?

The Dividend Payout Ratio of OCSL is 98.7%. Very high - REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Otherwise, proceed with caution.

What is the Dividend Rating of OCSL?

OCSL's Overall Dividend Rating is 52.35%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

OCSL Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.

What is the Trend in OCSL's Outstanding Shares?

Oaktree Specialty Lending's outstanding shares have increased by approximately 5.65% annually over the past 3 years (Trend Reliability: 91.9%). Watch carefully: The company is issuing new shares, diluting existing shareholders. Dividend growth may lag earnings growth as payouts are spread across more shares.

Has OCSL ever had a Stock Split?

Yes, the last stock split was on Jan 23, 2023 with a ratio of 1:3. This was a reverse split: Multiple shares were consolidated into fewer shares, increasing the price per share. This is sometimes used to meet exchange listing requirements and can be a warning sign if the company is struggling.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2007 4,160,300 0%
2008 7,520,700 +80.77%
2009 12,626,800 +67.89%
2010 18,213,700 +44.25%
2011 26,971,000 +48.08%
2012 34,226,300 +26.9%
2013 48,972,000 +43.08%
2014 51,113,500 +4.37%
2015 52,684,000 +3.07%
2016 47,618,000 -9.62%
2017 46,987,000 -1.33%
2018 46,987,000 0%
2019 46,987,000 0%
2020 46,987,000 0%
2021 60,127,000 +27.97%
2022 61,142,000 +1.69%
2023 77,840,000 +27.31%
2024 82,245,000 +5.66%
2025 88,086,000 +7.1%
2026 88,086,000 0%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-05-19 02:38 UTC