Looking at the universe of stocks we cover at Dividend Channel, on 6/14/21, Oaktree Specialty Lending Corporation (Symbol: OCSL) will trade ex-dividend, for its quarterly dividend of $0.13, payable on 6/30/21. As a percentage of OCSL's recent stock price of $6.83, this dividend works out to approximately 1.90%, so look for shares of Oaktree Specialty Lending Corporation to trade 1.90% lower — all else being equal — when OCSL shares open for trading on 6/14/21.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OCSL is likely to continue, and whether the current estimated yield of 7.62% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of OCSL shares, versus its 200 day moving average:
Looking at the chart above, OCSL's low point in its 52 week range is $4.29 per share, with $6.89 as the 52 week high point — that compares with a last trade of $6.83.
In Thursday trading, Oaktree Specialty Lending Corporation shares are currently up about 0.1% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.