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NLOP vs OCSL: Dividend Comparison 2026

NLOP yields 197.79% · OCSL yields 14.45%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 NLOP wins by $41.07M in total portfolio value
10 years
NLOP
NLOP
● Live price
197.79%
Share price
$11.30
Annual div
$22.35
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$111.94M
Annual income
$56,120,699.27
Full NLOP calculator →
OCSL
OCSL
● Live price
14.45%
Share price
$11.21
Annual div
$1.62
5Y div CAGR
52.4%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$70.87M
Annual income
$58,988,602.24
Full OCSL calculator →

Portfolio growth — NLOP vs OCSL

📍 NLOP pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis PeriodNLOPOCSL
2008–2009
GFC
— No data— No data
2020 Q1–Q2
COVID
— No data— No data
2022 Q4
Rate Hike
— No data— No data
Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.
📅

Dividend Calendar Overlap

Combined, NLOP + OCSL cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
NLOP pays
OCSL pays
Both pay
Neither
💰

Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

NLOP
Annual income on $10K today (after 15% tax)
$16,811.95/yr
After 10yr DRIP, annual income (after tax)
$47,702,594.38/yr
OCSL
Annual income on $10K today (after 15% tax)
$1,228.37/yr
After 10yr DRIP, annual income (after tax)
$50,140,311.90/yr
At 15% tax rate, OCSL beats the other by $2,437,717.52/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of NLOP + OCSL for your $10,000?

NLOP: 50%OCSL: 50%
100% OCSL50/50100% NLOP
Portfolio after 10yr
$91.40M
Annual income
$57,554,650.76/yr
Blended yield
62.97%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on OCSL right now

NLOP
Analyst Ratings
1
Buy
Consensus: Buy
Price Target
$73.00
+546.0% upside vs current
Range: $73.00 — $73.00
Altman Z
-0.9
Piotroski
5/9
OCSL
Analyst Ratings
5
Buy
7
Hold
Consensus: Hold
Price Target
$12.00
+7.0% upside vs current
Range: $12.00 — $12.00
Altman Z
0.1
Piotroski
6/9
Analyst ratings via FMP. Altman Z-Score: >3.0 safe, 1.81–3.0 grey zone, <1.81 distress. Piotroski: 7–9 strong, 0–3 weak.
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

NLOP buys
0
OCSL buys
0
No recent congressional trades found for NLOP or OCSL in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricNLOPOCSL
Forward yield197.79%14.45%
Annual dividend / share$22.35$1.62
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%52.4%
Portfolio after 10y$111.94M$70.87M
Annual income after 10y$56,120,699.27$58,988,602.24
Total dividends collected$105.42M$69.85M
Payment frequencyquarterlyquarterly
SectorStockBDC
Analyst consensusBuyHold
Analyst price target$73.00$12.00

Year-by-year: NLOP vs OCSL ($10,000, DRIP)

YearNLOP PortfolioNLOP Income/yrOCSL PortfolioOCSL Income/yrGap
1← crossover$30,479$19,778.76$12,902$2,202.39+$17.6KNLOP
2$88,952$56,339.45$17,853$4,047.30+$71.1KNLOP
3$248,847$153,668.87$27,079$7,976.36+$221.8KNLOP
4$668,039$401,772.81$46,206$17,231.74+$621.8KNLOP
5$1,722,815$1,008,012.72$91,320$41,879.29+$1.63MNLOP
6$4,272,922$2,429,510.56$215,599$117,886.96+$4.06MNLOP
7$10,203,492$5,631,465.45$627,105$396,413.81+$9.58MNLOP
8$23,485,601$12,567,864.41$2,313,266$1,642,263.98+$21.17MNLOP
9$52,164,853$27,035,259.74$11,103,580$8,628,385.18+$41.06MNLOP
10$111,937,092$56,120,699.27$70,869,433$58,988,602.24+$41.07MNLOP

NLOP vs OCSL: Complete Analysis 2026

NLOPStock

Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust with a portfolio of 59 high-quality office properties, totaling approximately 8.7 million leasable square feet primarily leased to corporate tenants on a single-tenant net lease basis. The vast majority of the office properties owned by NLOP are located in the U.S., with the balance in Europe. The portfolio consists of 62 corporate tenants operating in a variety of industries, generating annualized based rent (ABR) of approximately $145 million. NLOP's business plan is to focus on realizing value for its shareholders primarily through strategic asset management and disposition of its property portfolio over time. Given WPC's extensive knowledge of the portfolio, NLOP is externally managed and advised by wholly owned affiliates of WPC to successfully execute on its business strategy. Over the course of its 50-year history, WPC has developed significant expertise in the single-tenant office real estate sector, including the operation, leasing, acquisition and development of assets through many market cycles, and has a proven track record of execution.

Full NLOP Calculator →

OCSLBDC

Oaktree Specialty Lending Corporation is a business development company specializing in investments in middle market, bridge financing, first and second lien debt financing, unsecured and mezzanine loan, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, preferred equity and management buyouts in small and mid-sized companies. It seeks to invest in education services, business services, retail and consumer, healthcare, manufacturing, food and restaurants, construction and engineering, and media and advertising sectors. It invests between $5 million to $75 million principally in the form of one-stop, first lien, and second lien debt investments, which may include an equity co-investment component in companies with enterprise value between $20 million and $150 million and EBITDA between $3 million and $50 million. The fund has a hold size of up to $75 million and may underwrite transactions up to $100 million. It primarily invests in North America. The fund seeks to be a lead investor in its portfolio companies.

Full OCSL Calculator →
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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.