OCSL Update: Increased Dividend As Predicted
Summary
OCSL remains a ‘Level 1’ dividend coverage BDC and as predicted in multiple previous projections, I was expecting dividend increases for Q1 and Q2 of 2021.
Before the markets opened, OCSL announced that its Q2 2021 dividend would be $0.13 which was my best case projection.
There is no change to OCSL's LT target of $7.00 that already takes into acco…