5 Best Dividend Stocks According to Howard Marks’ Oaktree Capital Management

4. Oaktree Specialty Lending Corporation (NASDAQ:OCSL)

Number of Hedge Fund Holders: 10
Dividend Yield as of February 8: 8.40%
Oaktree Capital Management’s Stake Value: $31,701,000

Oaktree Specialty Lending Corporation (NASDAQ:OCSL) is an American specialty finance company that provides one-stop credit solutions to different organizations. In Q3 2021, the number of hedge funds tracked by Insider Monkey declined slightly to 10, from 11 in the previous quarter. These stakes hold a consolidated value of roughly $70 million.

Over the four quarters in 2021, Oaktree Specialty Lending Corporation (NASDAQ:OCSL) has increased its quarterly dividend by 32%. Currently, the company pays a quarterly dividend of $0.16 per share, with a yield of 8.40%. In November 2021, JMP Securities raised its price target on Oaktree Specialty Lending Corporation (NASDAQ:OCSL) to $8.50, while maintaining a Market Perform rating on the shares.

In Q3 2021, Oaktree Capital held about 4.5 million shares in Oaktree Specialty Lending Corporation (NASDAQ:OCSL), worth over $31.7 million. The hedge fund increased its position in the company significantly by 1,527%, which made up 0.44% of its portfolio.