Does OCSL pay a dividend?

Yes. Oaktree Specialty Lending Corporation pays a quarterly dividend, currently yielding 12.02% based on trailing twelve-month payments of $1.54 per share.

How much does OCSL pay in dividends?

$1.54 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next OCSL ex-dividend date?

The next ex-dividend date on record is September 15, 2026, with payment on September 30, 2026. You must own the shares before the ex-dividend date to receive that payment.

OCSL Dividend

Oaktree Specialty Lending Corporation

NASDAQFinancial ServicesStockData as of August 12, 2026

Dividend yield: 12.02%
Annual dividend: $1.54
Payout ratio: 3.10
Frequency: Quarterly
Share price: $12.81
Market cap: $1.1B

Next payment

Ex-dividend date: September 15, 2026Pay date: September 30, 2026Amount: $0.3300

You must own the shares before the ex-dividend date to receive this payment.

Is OCSL a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is far above the marketAt 12.02%, the yield is more than three times the median of 2.78% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
Paying out more than it earnsA payout ratio of 3.10 means the dividend exceeds reported earnings. That can be sustained for a while from cash reserves or borrowing, but not indefinitely.
Dividend has been cut 6 timesAcross 18 complete years, the annual total fell in 2017, 2022, 2025 and earlier. The most recent reduction was in 2025.

OCSL dividend history

Annual dividend per share, 2008 to 2025.

Peak $3.53 in 2011Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for OCSL, most recent first.
Ex-dividend date	Pay date	Amount	Type
September 15, 2026	September 30, 2026	$0.3300	Quarterly
June 15, 2026	June 30, 2026	$0.3400	Special
March 16, 2026	March 31, 2026	$0.4000	Quarterly
December 15, 2025	December 31, 2025	$0.4000	Quarterly
September 15, 2025	September 30, 2025	$0.4000	Semi-Annual
June 16, 2025	June 30, 2025	$0.4200	Special
March 17, 2025	March 31, 2025	$0.4700	Special
December 16, 2024	December 31, 2024	$0.5500	Semi-Annual
September 16, 2024	September 30, 2024	$0.5500	Quarterly
June 14, 2024	June 28, 2024	$0.5500	Quarterly
March 14, 2024	March 29, 2024	$0.5500	Semi-Annual
December 14, 2023	December 29, 2023	$0.6200	Special
September 14, 2023	September 29, 2023	$0.5500	Quarterly
June 14, 2023	June 30, 2023	$0.5500	Quarterly
March 14, 2023	March 31, 2023	$0.5500	Quarterly
December 14, 2022	December 30, 2022	$0.3200	Special
September 14, 2022	September 30, 2022	$0.1700	Quarterly
June 14, 2022	June 30, 2022	$0.1650	Quarterly
March 14, 2022	March 31, 2022	$0.1600	Quarterly
December 14, 2021	December 31, 2021	$0.1550	Quarterly
September 14, 2021	September 30, 2021	$0.1450	Quarterly
June 14, 2021	June 30, 2021	$0.1300	Quarterly
March 12, 2021	March 31, 2021	$0.1200	Quarterly
December 14, 2020	December 31, 2020	$0.1100	Quarterly
September 14, 2020	September 30, 2020	$0.1050	Quarterly
June 12, 2020	June 30, 2020	$0.0950	Quarterly
March 12, 2020	March 31, 2020	$0.0950	Quarterly
December 12, 2019	December 31, 2019	$0.0950	Quarterly
September 12, 2019	September 30, 2019	$0.0950	Quarterly
June 13, 2019	June 28, 2019	$0.0950	Quarterly
March 14, 2019	March 29, 2019	$0.0950	Quarterly
December 14, 2018	December 28, 2018	$0.0950	Quarterly
September 13, 2018	September 28, 2018	$0.0950	Quarterly
June 14, 2018	June 29, 2018	$0.0950	Quarterly
March 14, 2018	March 30, 2018	$0.0850	Quarterly
December 14, 2017	December 29, 2017	$0.1250	Quarterly
September 14, 2017	September 29, 2017	$0.1250	Quarterly
June 13, 2017	June 30, 2017	$0.0200	Quarterly
February 13, 2017	February 28, 2017	$0.0600	Monthly
January 11, 2017	January 31, 2017	$0.0600	Monthly

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Frequently asked questions

Does OCSL pay a dividend?: Yes. Oaktree Specialty Lending Corporation pays a quarterly dividend, currently yielding 12.02% based on trailing twelve-month payments of $1.54 per share.
How much does OCSL pay in dividends?: $1.54 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next OCSL ex-dividend date?: The next ex-dividend date on record is September 15, 2026, with payment on September 30, 2026. You must own the shares before the ex-dividend date to receive that payment.