Oaktree Specialty Lending (OCSL) Dividend Coverage Ratio (2021 - 2026)
Oaktree Specialty Lending's (OCSL) quarterly Dividend Coverage Ratio came in at 0.29 in Q2 2026, up 22.64% year-over-year from 0.24 in Q2 2025, and up 13.32% quarter-over-quarter from 0.26 in Q1 2026.
Analysis
Oaktree Specialty Lending (OCSL) Dividend Coverage Ratio (2021 - 2026) Analysis & Trends
Oaktree Specialty Lending has disclosed Dividend Coverage Ratio across 6 years of filings, most recently posting 0.29 for Q2 2026.
- In Q2 2026, Dividend Coverage Ratio rose 22.64% year-over-year to 0.29; the TTM figure through Jun 2026 stood at 0.26 (down 3.54% YoY), while the FY2025 annual figure was 0.25, down 5.45% from the prior year.
- Dividend Coverage Ratio came in at 0.29 for Q2 2026 at Oaktree Specialty Lending, up from 0.26 in the prior quarter.
- In the past five years, Dividend Coverage Ratio ranged from a high of 1.06 in Q1 2022 to a low of 0.24 in Q2 2025.
- Average Dividend Coverage Ratio over 5 years is 0.4, with a median of 0.3 recorded in 2025.
- Year-over-year, Dividend Coverage Ratio tumbled 64.93% in 2023 and advanced 27.04% in 2025.
- Over 5 years, Dividend Coverage Ratio stood at 0.32 in 2022, then fell by 20.06% to 0.26 in 2023, then increased by 22.63% to 0.31 in 2024, then fell by 6.14% to 0.29 in 2025, then slipped by 1.43% to 0.29 in 2026.
- Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 0.29 in Q2 2026, 0.26 in Q1 2026, and 0.29 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.39 Bn | 14.01 Bn | - | 0.42 |
| 2 | Blackstone Secured Lending Fund | 5.76 Bn | 5.49 Bn | - | 0.43 |
| 3 | Blue Owl Capital | 5.62 Bn | 5.38 Bn | - | 0.29 |
| 4 | Main Street Capital | 5.39 Bn | 5.33 Bn | - | 1.89 |
| 5 | Blue Owl Technology Finance | 5.20 Bn | 4.99 Bn | - | 0.18 |
| 6 | Hercules Capital | 4.68 Bn | 4.64 Bn | - | 0.69 |
| 7 | FS KKR Capital | 3.48 Bn | 3.37 Bn | - | - |
| 8 | Golub Capital Bdc | 3.38 Bn | 3.34 Bn | - | -0.06 |
| 9 | PennantPark Floating Rate Capital | 2.47 Bn | -134.94 Mn | - | -0.63 |
| 10 | Oaktree Specialty Lending | 1.15 Bn | 1.11 Bn | - | 0.29 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.29 |
| Mar 31, 2026 | 0.26 |
| Dec 31, 2025 | 0.29 |
| Jun 30, 2025 | 0.24 |
| Mar 31, 2025 | 0.30 |
| Dec 31, 2024 | 0.31 |
| Jun 30, 2024 | 0.25 |
| Mar 31, 2024 | 0.24 |
| Dec 31, 2023 | 0.26 |
| Jun 30, 2023 | 0.39 |
| Mar 31, 2023 | 0.37 |
| Dec 31, 2022 | 0.32 |
| Jun 30, 2022 | 0.97 |
| Mar 31, 2022 | 1.06 |
| Dec 31, 2021 | 0.84 |