BDC Dividend Cut Alert: 2 BDCs That Are Likely To Cut Dividends [Seeking Alpha]
Oaktree Specialty Lending Corporation - Closed End Fund (OCSL)
Last oaktree specialty lending corporation - closed end fund earnings: 2/6 06:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
oaktreespecialtylending.com
Company Research
Source: Seeking Alpha
Summary The Fed's recent decision to cut the base rates by 50 basis points has created more problems for BDCs, especially for those with weaker portfolios. Lower base rates, inactive M&A markets and higher economic uncertainty are critical factors that for some BDCs might trigger dividend cuts. In the article I elaborate on two BDCs that are very close to cutting their dividends with a high probability of making the announcements together with their Q4, 2024 reports. Richard Drury Relatively recently, the Fed decided to cut the base rates by 50 basis points. While it is for most assets a positive thing, for majority of BDCs it imposes headwinds in terms of protecting their net investment income levels. The main reason is that most of BDC investments are linked to SOFR (i.e., floating rate), which in the situation of shrinking interest rates leads to lower portfolio yields. On top of the direct interest rate cuts, the Fed releases an updated FOMC dot plot, which indicates
Show less
Read more
Impact Snapshot
Event Time:
OCSL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OCSL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OCSL alerts
High impacting Oaktree Specialty Lending Corporation - Closed End Fund news events
Weekly update
A roundup of the hottest topics
OCSL
News
- Blue Owl Capital Corporation (OBDC) Q3 Earnings Lag Estimates [Yahoo! Finance]Yahoo! Finance
- Oaktree Specialty Lending Co. (NASDAQ: OCSL) had its price target lowered by analysts at Wells Fargo & Company from $17.00 to $15.50. They now have an "equal weight" rating on the stock.MarketBeat
- Oaktree Specialty Lending: Yield Chasers Should Tread Carefully (Rating Downgrade) [Seeking Alpha]Seeking Alpha
- Here's Why Oaktree Specialty Lending Corporation (OCSL) Experienced a Challenging Q3 [Yahoo! Finance]Yahoo! Finance
- Oaktree Specialty Lending: The Insider Buying Is Bullish [Seeking Alpha]Seeking Alpha
OCSL
Earnings
- 8/1/24 - Miss
OCSL
Sec Filings
- 10/28/24 - Form 40-17G
- 9/23/24 - Form 4
- OCSL's page on the SEC website