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.
Oaktree Specialty Lending Dividend Announcement
• Oaktree Specialty Lending announced a quarterly dividend of $0.55 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-16
• Oaktree Specialty Lending annual dividend for 2024 was $1.65
• Oaktree Specialty Lending annual dividend for 2023 was $2.27
• Oaktree Specialty Lending's trailing twelve-month (TTM) dividend yield is 17.61%
• Oaktree Specialty Lending's payout ratio for the trailing twelve months (TTM) is 260.01%
• Oaktree Specialty Lending's dividend growth over the last five years (2018-2023) was 43.74% year
• Oaktree Specialty Lending's dividend growth over the last ten years (2013-2023) was 7.48% year
Oaktree Specialty Lending Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-16 | $0.55 | quarterly | 2024-09-30 |
2024-06-14 | $0.55 | quarterly | 2024-06-28 |
2024-03-14 | $0.55 | quarterly | 2024-03-29 |
2023-12-14 | $0.62 | quarterly | 2023-12-29 |
2023-09-14 | $0.55 | quarterly | 2023-09-29 |
2023-06-14 | $0.55 | quarterly | 2023-06-30 |
2023-03-14 | $0.55 | quarterly | 2023-03-31 |
2022-12-14 | $0.32 | quarterly | 2022-12-30 |
2022-09-14 | $0.17 | quarterly | 2022-09-30 |
2022-06-14 | $0.17 | quarterly | 2022-06-30 |
2022-03-14 | $0.16 | quarterly | 2022-03-31 |
2021-12-14 | $0.15 | quarterly | 2021-12-31 |
2021-09-14 | $0.14 | quarterly | 2021-09-30 |
2021-06-14 | $0.13 | quarterly | 2021-06-30 |
2021-03-12 | $0.12 | quarterly | 2021-03-31 |
2020-12-14 | $0.11 | quarterly | 2020-12-31 |
2020-09-14 | $0.10 | quarterly | 2020-09-30 |
2020-06-12 | $0.10 | quarterly | 2020-06-30 |
2020-03-12 | $0.10 | quarterly | 2020-03-31 |
2019-12-12 | $0.10 | quarterly | 2019-12-31 |
2019-09-12 | $0.10 | quarterly | 2019-09-30 |
2019-06-13 | $0.10 | quarterly | 2019-06-28 |
2019-03-14 | $0.10 | quarterly | 2019-03-29 |
2018-12-14 | $0.10 | quarterly | 2018-12-28 |
2018-09-13 | $0.10 | quarterly | 2018-09-28 |
2018-06-14 | $0.10 | quarterly | 2018-06-29 |
2018-03-14 | $0.09 | quarterly | 2018-03-30 |
2017-12-14 | $0.12 | quarterly | 2017-12-29 |
2017-09-14 | $0.12 | quarterly | 2017-09-29 |
2017-06-13 | $0.02 | quarterly | 2017-06-30 |
2017-03-13 | $0.02 | quarterly | 2017-03-31 |
2017-02-13 | $0.06 | quarterly | 2017-02-28 |
2017-01-11 | $0.06 | quarterly | 2017-01-31 |
2016-12-13 | $0.06 | quarterly | 2016-12-30 |
2016-11-10 | $0.06 | quarterly | 2016-11-30 |
2016-10-12 | $0.06 | quarterly | 2016-10-31 |
2016-09-13 | $0.06 | quarterly | 2016-09-30 |
2016-08-11 | $0.06 | quarterly | 2016-08-31 |
2016-07-13 | $0.06 | quarterly | 2016-07-29 |
2016-06-13 | $0.06 | quarterly | 2016-06-30 |
2016-05-11 | $0.06 | quarterly | 2016-05-31 |
2016-04-13 | $0.06 | quarterly | 2016-04-29 |
2016-03-11 | $0.06 | quarterly | 2016-03-31 |
2016-02-10 | $0.06 | quarterly | 2016-02-26 |
2016-01-13 | $0.06 | quarterly | 2016-01-28 |
2015-12-11 | $0.06 | quarterly | 2015-12-30 |
2015-11-12 | $0.06 | quarterly | 2015-11-30 |
2015-10-13 | $0.06 | quarterly | 2015-10-30 |
2015-09-11 | $0.06 | quarterly | 2015-09-30 |
2015-08-12 | $0.06 | quarterly | 2015-08-31 |
2015-07-13 | $0.06 | quarterly | 2015-07-31 |
2015-06-11 | $0.06 | quarterly | 2015-06-30 |
2015-05-13 | $0.06 | quarterly | 2015-05-29 |
2015-04-13 | $0.06 | quarterly | 2015-04-30 |
2015-03-12 | $0.06 | quarterly | 2015-03-31 |
2015-01-13 | $0.09 | quarterly | 2015-01-30 |
2014-12-11 | $0.09 | quarterly | 2014-12-30 |
2014-11-12 | $0.09 | quarterly | 2014-11-28 |
2014-10-10 | $0.09 | quarterly | 2014-10-31 |
2014-09-11 | $0.09 | quarterly | 2014-09-30 |
2014-08-13 | $0.08 | quarterly | 2014-08-29 |
2014-07-11 | $0.08 | quarterly | 2014-07-31 |
2014-06-12 | $0.08 | quarterly | 2014-06-30 |
2014-05-13 | $0.08 | quarterly | 2014-05-30 |
2014-04-11 | $0.08 | quarterly | 2014-04-30 |
2014-03-12 | $0.08 | quarterly | 2014-03-31 |
2014-02-12 | $0.08 | quarterly | 2014-02-28 |
2014-01-13 | $0.08 | quarterly | 2014-01-31 |
2013-12-11 | $0.05 | quarterly | 2013-12-30 |
2013-11-13 | $0.10 | quarterly | 2013-11-29 |
2013-10-10 | $0.10 | quarterly | 2013-10-31 |
2013-09-11 | $0.10 | quarterly | 2013-09-30 |
2013-08-13 | $0.10 | quarterly | 2013-08-30 |
2013-07-11 | $0.10 | quarterly | 2013-07-31 |
2013-06-12 | $0.10 | quarterly | 2013-06-28 |
2013-05-13 | $0.10 | quarterly | 2013-05-31 |
2013-04-11 | $0.10 | quarterly | 2013-04-30 |
2013-03-13 | $0.10 | quarterly | 2013-03-29 |
2013-02-13 | $0.10 | quarterly | 2013-02-28 |
2013-01-11 | $0.10 | quarterly | 2013-01-31 |
Oaktree Specialty Lending Dividend per year
Oaktree Specialty Lending Dividend growth
Oaktree Specialty Lending Dividend Yield
Oaktree Specialty Lending current trailing twelve-month (TTM) dividend yield is 17.61%. Interested in purchasing Oaktree Specialty Lending stock? Use our calculator to estimate your expected dividend yield:
Oaktree Specialty Lending Financial Ratios
Oaktree Specialty Lending Dividend FAQ
Other factors to consider when evaluating Oaktree Specialty Lending as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Oaktree Specialty Lending's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Oaktree Specialty Lending publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Oaktree Specialty Lending distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Oaktree Specialty Lending are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Oaktree Specialty Lending sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Oaktree Specialty Lending distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Oaktree Specialty Lending declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Oaktree Specialty Lending's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Oaktree Specialty Lending's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.