OCSL Stock Recent News

The current market environment suggests a potential recession, leading investors to favor durable and income-producing assets. BDCs and REITs are likely to be among the key beneficiaries here. However, with REITs and especially BDCs investors have to be careful in order to avoid falling in a value trap.

Two high-yield stocks just slashed their dividends—but that might be the best thing that ever happened to them. Insiders are loading up, and the market is mispricing these recovery plays with massive upside potential. Lock in yields up to 11% on these overlooked income machines before Mr. Market wakes up!

As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cash flows with less favorable private credit lending environment. I would say that the moment of truth for high quality BDCs is also very close, where we will see how really durable their base dividends are.

LOS ANGELES, CA, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“OCSL” or the “Company”), a specialty finance company, today announced that it has priced an underwritten public offering of $300.0 million aggregate principal amount of 6.340% notes due 2030. The notes will mature on February 27, 2030 and may be redeemed in whole or in part at the Company's option at any time at par plus a “make-whole” premium, if applicable.

Oaktree Specialty Lending Corporation (NASDAQ:OCSL ) Q1 2025 Earnings Conference Call February 4, 2025 11:00 AM ET Company Participants Dane Kleven – Head-Investor Relations Armen Panossian – Chief Executive Officer and Co-Chief Investment Officer Raghav Khanna – Co-Chief Investment Officer Matt Pendo – President Chris McKown – Chief Financial Officer and Treasurer Conference Call Participants Finian O'Shea – Wells Fargo Securities Matthew Hurwit – Jefferies Melissa Wedel – JPMorgan Operator Welcome and thank you for joining Oaktree Specialty Lending Corporation's First Fiscal Quarter Conference Call. Today's conference call is being recorded.

Oaktree Specialty Lending (OCSL) came out with quarterly earnings of $0.54 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.57 per share a year ago.

Oaktree Specialty Lending remains a sell due to weak dividend coverage, no major improvements to non-accrual rates, and poor net investment income growth. OCSL's portfolio is heavily concentrated in software investments, making it vulnerable to sector struggles and higher interest rates. Despite a high dividend yield of 14%, the potential for a dividend cut looms due to declining earnings and portfolio quality.

Two 10%+ Yields For Durable Passive Income (One Is My Favorite Pick)

11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time LOS ANGELES, CA, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ:OCSL) (“Oaktree Specialty Lending” or the “Company”) today announced that it will report its financial results for the first fiscal quarter ended December 31, 2024 before the opening of the Nasdaq Global Select Market on Tuesday, February 4, 2025.

Oaktree Specialty Lending insider Phyllis Caldwell added to her position last month. Other Oaktree insiders have been adding since 2022. The last insider sale was all the way back in 2021.