earnings
confidence high
sentiment positive
materiality 0.65
OCSL Q3 adj NII $0.17/shr; dividend raised to $0.17; NAV $6.89, down 5.1%
Oaktree Specialty Lending Corp
2023-Q3 EPS reported
$0.26
- GAAP NII $40.4M ($0.22/shr); adjusted NII $31.4M ($0.17/shr) vs $32.3M ($0.18) prior quarter.
- Total investment income $63.1M ($0.34/shr), down from $64.3M QoQ; adjusted $60.9M.
- Quarterly dividend increased 3% to $0.17/shr, ninth consecutive increase; payable Sept 30, 2022.
- NAV per share $6.89, down 5.1% from $7.26, driven by unrealized losses from credit spread widening.
- Originated $131.9M new commitments; adjusted leverage target to 0.90x-1.25x debt-to-equity.