Oaktree Specialty Lending (OCSL) Dividend Coverage Ratio (2021 - 2026)
Oaktree Specialty Lending's Dividend Coverage Ratio came in at 1.07 for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 7.1% from 1.15 a year earlier.
Oaktree Specialty Lending (OCSL) Dividend Coverage Ratio (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Oaktree Specialty Lending reported Dividend Coverage Ratio of 0.32, up 9.9% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 0.23, down 30.1% from FY2024.
- Going back by fiscal year, Dividend Coverage Ratio was 0.33 in FY2024 (-49.7%), 0.65 in FY2023 (+157.0%), 0.25 in FY2022 (-91.5%) and 2.97 in FY2021.
- The five-year range for quarterly Dividend Coverage Ratio is -1.29 (fiscal Q3 2022) to 1.45 (fiscal Q1 2022).
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in fiscal Q4 2023 (growth of 156.6%), and the weakest in fiscal Q3 2024 (a decline of 97.1%).
- Business Quant data shows OCSL's Dividend Coverage Ratio at -0.55 (Q2 2026), 0.16 (Q1 2026) and 0.72 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 38.33 |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 8.64 |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 5.86 |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Oaktree Specialty Lending | 1.05 Bn | 796.60 Mn | - | 1.07 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.07 |
| Mar 31, 2026 | -0.55 |
| Dec 31, 2025 | 0.16 |
| Sep 30, 2025 | 0.72 |
| Jun 30, 2025 | 1.15 |
| Mar 31, 2025 | -0.98 |
| Dec 31, 2024 | 0.17 |
| Sep 30, 2024 | 0.85 |
| Jun 30, 2024 | 0.03 |
| Mar 31, 2024 | 0.22 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 1.12 |
| Jun 30, 2023 | 0.89 |
| Mar 31, 2023 | 0.52 |
| Dec 31, 2022 | 0.23 |
| Sep 30, 2022 | 0.44 |
| Jun 30, 2022 | -1.29 |
| Mar 31, 2022 | 0.51 |
| Dec 31, 2021 | 1.45 |
Oaktree Specialty Lending Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=OCSL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "OCSL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=OCSL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();