Oaktree Specialty Lending Corporation Announces Tax Character of Distributions for Calendar Year 2023
The amounts shown in the table below represent the accounting of the Company’s 2023 distributions. This information supersedes any estimated information you may have received during the year.
Record Date |
Payable Date |
Distribution Per Share | % Taxable (1) | % Non-Dividends (2) | % Qualified Dividends | % Non-Qualified Dividends | % Long-Term Capital Gains | % Interest – Related Dividends (3) | |
100% | 0% | 0% | 100% | 0% | 96.91% | ||||
100% | 0% | 0% | 100% | 0% | 88.69% | ||||
100% | 0% | 0% | 100% | 0% | 89.39% | ||||
100% | 0% | 0% | 100% | 0% | 86.88% | ||||
100% | 0% | 0% | 100% | 0% | 86.88% | ||||
(1) Taxable ordinary income. | |||||||||
(2) Return of capital/non-dividend distributions. | |||||||||
(3) Percentage of qualified and non-qualified dividends which are Interest-Related Dividends in accordance with IRC Section 871(k), that may be exempt from |
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For tax purposes, the Company is a regulated investment company (“RIC”) and is permitted to designate the portion of distributions paid that consist of interest-related dividends (also referred to as qualified interest income, or "QII") and short-term capital gains which are thus exempt from
Distributions that were reinvested through the Company’s Dividend Reinvestment Plan are treated, for tax purposes, as if they had been paid in cash. Therefore, stockholders who participate in the Dividend Reinvestment Plan should also refer to the above table.
This notice is not intended to constitute tax, legal, investment or other professional advice. Stockholders should be aware that tax treatment is subject to change by law in the future or retroactively. This is general information and should not be relied upon without consulting your tax advisor.
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Forward-Looking Statements
Some of the statements in this press release constitute forward-looking statements because they relate to future events, future performance or financial condition. The forward-looking statements may include statements as to: future operating results of the Company and distribution projections; business prospects of the Company and the prospects of its portfolio companies; and the impact of the investments that the Company expects to make. In addition, words such as “anticipate,” “believe,” “expect,” “seek,” “plan,” “should,” “estimate,” “project” and “intend” indicate forward-looking statements, although not all forward-looking statements include these words. The forward-looking statements contained in this press release involve risks and uncertainties. Certain factors could cause actual results and conditions to differ materially from those projected, including the uncertainties associated with (i) changes in the economy, financial markets and political environment, including the impacts of inflation and rising interest rates; (ii) risks associated with possible disruption in the operations of the Company or the economy generally due to terrorism, war or other geopolitical conflict (including the current conflicts in
Contacts
Investor Relations:
(212) 284-1900
ocsl-ir@oaktreecapital.com
Source: Oaktree Specialty Lending Corporation