Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 12.40%.
YIELD ON COST (YOC)
12.40%
OCSL now pays $1.47 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-10-06) | $17.43 | 8.43% |
| 5 years ago(2021-10-08) | $21.66 | 6.79% |
| 3 years ago(2023-10-05) | $18.87 | 7.79% |
| 1 year ago(2025-10-03) | $12.94 | 11.36% |
| Buying today(at $11.70) | $11.70 | 12.40% |
Projection: starting from today's 12.40% yield, assuming the dividend keeps compounding at 0.6% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
12.40%
In 3 years
12.62%
In 5 years
12.78%
In 10 years
13.17%
Try your own purchase price, dividend and growth rate for Oaktree Specialty Lending Corporation (OCSL).
Starting Yield
12.56%
Ending YOC
33.80%
Year 15 Dividend
$3.95
Cum. Dividends Recd.
$38.92
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.47 | N/A | 12.56% | $0.00 |
| Year 1 | $1.57 | +6.82% | 13.42% | $1.57 |
| Year 2 | $1.68 | +6.82% | 14.34% | $3.25 |
| Year 3 | $1.79 | +6.82% | 15.31% | $5.04 |
| Year 4 | $1.91 | +6.82% | 16.36% | $6.95 |
| Year 5 | $2.04 | +6.82% | 17.47% | $9.00 |
| Year 6 | $2.18 | +6.82% | 18.67% | $11.18 |
| Year 7 | $2.33 | +6.82% | 19.94% | $13.51 |
| Year 8 | $2.49 | +6.82% | 21.30% | $16.01 |
| Year 9 | $2.66 | +6.82% | 22.75% | $18.67 |
| Year 10 | $2.84 | +6.82% | 24.30% | $21.51 |
| Year 11 | $3.04 | +6.82% | 25.96% | $24.55 |
| Year 12 | $3.24 | +6.82% | 27.73% | $27.79 |
| Year 13 | $3.47 | +6.82% | 29.62% | $31.26 |
| Year 14 | $3.70 | +6.82% | 31.64% | $34.96 |
| Year 15 | $3.95 | +6.82% | 33.80% | $38.92 |
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
