5 Best Dividend Stocks to Buy According to Billionaire Howard Marks

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1. Oaktree Specialty Lending Corporation (NASDAQ: OCSL)

Marks’ Stake Value: $1,537,000
Percentage Howard Marks’ 13F Portfolio: 0.02%
Dividend Yield: 7.95%
No. of Hedge Fund Holders: 13

Oaktree Specialty Lending Corporation (NASDAQ: OCSL) specializes in bridge financing, senior & junior secured debt, and management buyouts. On May 11, 2021, the company priced underwritten IPO worth $350.0 million of aggregate amount of 2.700% notes.

For its second quarter of 2021, the company reported $41.9 million of total investment income, an increase from $38.2 million in Q1 2021. The increase is attributed to a larger investment portfolio. Meanwhile, the GAAP net investment income of the company came in at $18.1 million or $0.12 per share for Q2 2021, as against $10.0 million or $0.07 per share for Q1 2021. The company recently declared $0.13 per share quarterly dividend, increasing it from its previous dividend of $0.12.

You can also take a peek at Top 15 Dividend Stocks With Upside Potential and 10 Extreme Dividend Stocks with Huge Upside. 

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