Oaktree Specialty Lending Declares Special Distribution Of $0.07 Per Share
Portfolio Pulse from Benzinga Newsdesk
Oaktree Specialty Lending (OCSL) has announced a special distribution of $0.07 per share, in addition to its regular quarterly distribution of $0.55 per share. These cash distributions will be payable on December 29, 2023, to shareholders on record as of December 15, 2023.
November 14, 2023 | 11:03 am
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Oaktree Specialty Lending has declared a special distribution of $0.07 per share, along with its regular quarterly distribution of $0.55 per share, payable on December 29, 2023.
The announcement of a special distribution is typically viewed positively by investors as it reflects the company's ability to generate excess cash. This can lead to a short-term increase in the stock price as it may attract income-focused investors.
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