HomeCompareOCSL vs SM

OCSL vs SM: Dividend Comparison 2026

OCSL yields 14.45% · SM yields 2.55%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 SM wins by $120.69M in total portfolio value· pulled ahead in Year 9
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 →
SM
SM
● Live price
2.55%
Share price
$32.13
Annual div
$0.82
5Y div CAGR
100%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$191.56M
Annual income
$178,145,793.19
Full SM calculator →

Portfolio growth — OCSL vs SM

📍 SM pulled ahead of the other in Year 9

Annual dividend income

🛡️

Recession Test — Did They Cut Dividends?

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

Crisis PeriodOCSLSM
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, OCSL + SM cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
OCSL pays
SM 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
SM
Annual income on $10K today (after 15% tax)
$216.93/yr
After 10yr DRIP, annual income (after tax)
$151,423,924.21/yr
At 15% tax rate, SM beats the other by $101,283,612.31/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

OCSL: 50%SM: 50%
100% SM50/50100% OCSL
Portfolio after 10yr
$131.21M
Annual income
$118,567,197.72/yr
Blended yield
90.36%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on SM 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
SM
Analyst Ratings
31
Buy
17
Hold
5
Sell
Consensus: Buy
Price Target
$29.00
-9.7% upside vs current
Range: $19.00 — $49.00
Altman Z
1.7
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)

OCSL buys
0
SM buys
0
No recent congressional trades found for OCSL or SM in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricOCSLSM
Forward yield14.45%2.55%
Annual dividend / share$1.62$0.82
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR52.4%100%
Portfolio after 10y$70.87M$191.56M
Annual income after 10y$58,988,602.24$178,145,793.19
Total dividends collected$69.85M$190.53M
Payment frequencyquarterlyquarterly
SectorBDCEnergy
Analyst consensusHoldBuy
Analyst price target$12.00$29.00

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

YearOCSL PortfolioOCSL Income/yrSM PortfolioSM Income/yrGap
1$12,902$2,202.39$11,210$510.43+$1.7KOCSL
2$17,853$4,047.30$13,065$1,069.55+$4.8KOCSL
3$27,079$7,976.36$16,309$2,329.84+$10.8KOCSL
4$46,206$17,231.74$22,887$5,436.27+$23.3KOCSL
5$91,320$41,879.29$38,749$14,259.57+$52.6KOCSL
6$215,599$117,886.96$86,586$45,125.35+$129.0KOCSL
7$627,105$396,413.81$281,125$188,477.75+$346.0KOCSL
8$2,313,266$1,642,263.98$1,444,621$1,143,816.65+$868.6KOCSL
9← crossover$11,103,580$8,628,385.18$12,532,176$10,986,431.99$1.43MSM
10$70,869,433$58,988,602.24$191,555,222$178,145,793.19$120.69MSM

OCSL vs SM: 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 →

SMEnergy

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the state of Texas. As of February 24, 2022, it had 492.0 million barrels of oil equivalent of estimated proved reserves. It also has working interests in 825 gross productive oil wells and 483 gross productive gas wells in the Midland Basin and South Texas. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado.

Full SM Calculator →
📬

Get this OCSL vs SM comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

OCSL vs SCHDOCSL vs JEPIOCSL vs OOCSL vs KOOCSL vs MAIN

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