Oaktree Specialty Lending: A Solid 11% Yield To Boost Your Income
OCSLOaktree Specialty Lending (OCSL) Seeking Alpha·2024-05-12 14:27
ryasick Oaktree Specialty Lending (NASDAQ:OCSL) suffered weakness in its dividend coverage metrics for the quarter ending March. While the decline in the dividend coverage was not great, the BDC announced that it was lowering its management fee which is set to improve Oaktree Specialty Lending’s dividend coverage. As a result, I don’t expect the BDC to lower its dividend as the estimated impact of the management fee reduction is set to improve Oaktree Specialty Lending's dividend coverage metrics. The c ...