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OCSL vs IP: Dividend Comparison 2026

OCSL yields 14.45% · IP yields 5.29%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 OCSL wins by $70.84M in total portfolio value
10 years
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 →
IP
IP
● Live price
5.29%
Share price
$35.00
Annual div
$1.85
5Y div CAGR
-10%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$24.7K
Annual income
$229.13
Full IP calculator →

Portfolio growth — OCSL vs IP

📍 OCSL 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 PeriodOCSLIP
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%.
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Dividend Calendar Overlap

Combined, OCSL + IP cover 0 of 12 monthsgood coverage

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

Tax Bracket Optimizer

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

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
IP
Annual income on $10K today (after 15% tax)
$449.29/yr
After 10yr DRIP, annual income (after tax)
$194.76/yr
At 15% tax rate, OCSL beats the other by $50,140,117.14/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

OCSL: 50%IP: 50%
100% IP50/50100% OCSL
Portfolio after 10yr
$35.45M
Annual income
$29,494,415.68/yr
Blended yield
83.21%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on OCSL right now

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
IP
Analyst Ratings
12
Buy
9
Hold
8
Sell
Consensus: Buy
Price Target
$47.97
+37.1% upside vs current
Range: $40.00 — $57.80
Altman Z
1.1
Piotroski
3/9
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)

OCSL buys
0
IP buys
0
No recent congressional trades found for OCSL or IP in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricOCSLIP
Forward yield14.45%5.29%
Annual dividend / share$1.62$1.85
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR52.4%-10%
Portfolio after 10y$70.87M$24.7K
Annual income after 10y$58,988,602.24$229.13
Total dividends collected$69.85M$3.5K
Payment frequencyquarterlyquarterly
SectorBDCMaterials
Analyst consensusHoldBuy
Analyst price target$12.00$47.97

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

YearOCSL PortfolioOCSL Income/yrIP PortfolioIP Income/yrGap
1← crossover$12,902$2,202.39$11,176$475.71+$1.7KOCSL
2$17,853$4,047.30$12,405$447.18+$5.4KOCSL
3$27,079$7,976.36$13,691$417.51+$13.4KOCSL
4$46,206$17,231.74$15,037$387.58+$31.2KOCSL
5$91,320$41,879.29$16,448$358.05+$74.9KOCSL
6$215,599$117,886.96$17,928$329.42+$197.7KOCSL
7$627,105$396,413.81$19,485$302.02+$607.6KOCSL
8$2,313,266$1,642,263.98$21,126$276.10+$2.29MOCSL
9$11,103,580$8,628,385.18$22,856$251.78+$11.08MOCSL
10$70,869,433$58,988,602.24$24,685$229.13+$70.84MOCSL

OCSL vs IP: Complete Analysis 2026

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 →

IPMaterials

International Paper Company operates as a packaging company primarily in United States, the Middle East, Europe, Africa, Pacific Rim, Asia, and rest of the Americas. It operates through two segments: Industrial Packaging and Global Cellulose Fibers. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Global Cellulose Fibers segment provides fluff, market, and specialty pulps that are used in absorbent hygiene products, such as baby diapers, feminine care, adult incontinence, and other non-woven products; tissue and paper products; and non-absorbent end applications, including textiles, filtration, construction material, paints and coatings, reinforced plastics, and other applications. It sells its products directly to end users and converters, as well as through agents, resellers, and paper distributors. The company was founded in 1898 and is headquartered in Memphis, Tennessee.

Full IP 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.