HomeCompareOCSL vs PAA

OCSL vs PAA: Dividend Comparison 2026

OCSL yields 14.45% · PAA yields 6.93%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 OCSL wins by $64.16M 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 →
PAA
PAA
● Live price
6.93%
Share price
$22.47
Annual div
$1.56
5Y div CAGR
57%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$6.71M
Annual income
$5,114,230.35
Full PAA calculator →

Portfolio growth — OCSL vs PAA

📍 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 PeriodOCSLPAA
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 + PAA cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
OCSL pays
PAA 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
PAA
Annual income on $10K today (after 15% tax)
$589.17/yr
After 10yr DRIP, annual income (after tax)
$4,347,095.80/yr
At 15% tax rate, OCSL beats the other by $45,793,216.11/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

OCSL: 50%PAA: 50%
100% PAA50/50100% OCSL
Portfolio after 10yr
$38.79M
Annual income
$32,051,416.30/yr
Blended yield
82.63%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on PAA 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
PAA
Analyst Ratings
1
Strong
23
Buy
16
Hold
2
Sell
Consensus: Buy
Price Target
$21.83
-2.8% upside vs current
Range: $17.00 — $25.00
Altman Z
2.3
Piotroski
5/9
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
PAA buys
0
No recent congressional trades found for OCSL or PAA in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricOCSLPAA
Forward yield14.45%6.93%
Annual dividend / share$1.62$1.56
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR52.4%57%
Portfolio after 10y$70.87M$6.71M
Annual income after 10y$58,988,602.24$5,114,230.35
Total dividends collected$69.85M$6.54M
Payment frequencyquarterlyquarterly
SectorBDCStock
Analyst consensusHoldBuy
Analyst price target$12.00$21.83

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

YearOCSL PortfolioOCSL Income/yrPAA PortfolioPAA Income/yrGap
1← crossover$12,902$2,202.39$11,788$1,088.24+$1.1KOCSL
2$17,853$4,047.30$14,496$1,882.30+$3.4KOCSL
3$27,079$7,976.36$18,907$3,396.22+$8.2KOCSL
4$46,206$17,231.74$26,730$6,499.60+$19.5KOCSL
5$91,320$41,879.29$42,084$13,482.87+$49.2KOCSL
6$215,599$117,886.96$76,177$31,147.09+$139.4KOCSL
7$627,105$396,413.81$164,235$82,725.90+$462.9KOCSL
8$2,313,266$1,642,263.98$437,430$261,698.43+$1.88MOCSL
9$11,103,580$8,628,385.18$1,490,777$1,022,727.50+$9.61MOCSL
10$70,869,433$58,988,602.24$6,709,362$5,114,230.35+$64.16MOCSL

OCSL vs PAA: 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 →

PAAStock

Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates in two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, and at times on barges or railcars. This segment provides terminalling, storage, and other facilities-related services, as well as merchant activities. As of December 31, 2021, this segment owned and leased 18,300 miles of active crude oil transportation pipelines and gathering systems, as well as an additional 110 miles of pipelines that supports crude oil storage and terminalling facilities; 74 million barrels of commercial crude oil storage capacity; 38 million barrels of active, above-ground tank capacity; four marine facilities; a condensate processing facility; seven crude oil rail terminals and 2,100 crude oil railcars; and 640 trucks and 1,275 trailers. The Natural Gas Liquids segment engages in the natural gas processing, NGL fractionation, storage, transportation, and terminalling activities. As of December 31, 2021, this segment owned and operated four natural gas processing plants; nine fractionation plants; 28 million barrels of NGL storage capacity; approximately 1,620 miles of active NGL transportation pipelines, as well as an additional 55 miles of pipeline that supports NGL storage facilities; 16 NGL rail terminals and approximately 3,900 NGL rail cars; and approximately 220 trailers. The company was founded in 1981 and is headquartered in Houston, Texas. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P.

Full PAA 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.