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Oaktree Strategic Income Corporation (OCSI) Shares Cross Below 200 DMA
Friday, February 8, 11:59 AM ET, by Market News Video Staff

In trading on Friday, shares of Oaktree Strategic Income Corporation (OCSI) crossed below their 200 ...

Ex-Div Reminder for Oaktree Strategic Income (OCSI)
Tuesday, March 12, 10:19 AM ET, by Market News Video Staff

On 3/14/19, Oaktree Strategic Income Corporation (OCSI) will trade ex-dividend, for its quarterly dividend of ...

Notable Two Hundred Day Moving Average Cross - OCSI
Monday, May 13, 1:41 PM ET, by Market News Video Staff

In trading on Monday, shares of Oaktree Strategic Income Corporation (OCSI) crossed below their 200 ...

Ex-Div Reminder for Oaktree Strategic Income (OCSI)
Tuesday, June 11, 12:04 PM ET, by Market News Video Staff

On 6/13/19, Oaktree Strategic Income Corporation (OCSI) will trade ex-dividend, for its quarterly dividend of ...

OCSI Makes Notable Cross Below Critical Moving Average
Thursday, June 13, 11:55 AM ET, by Market News Video Staff

In trading on Thursday, shares of Oaktree Strategic Income Corporation (OCSI) crossed below their 200 ...

Snag This Bargain 7.6% Yield Dividend Stock Even Cheaper Than Director Gero Did

By Dividend Channel Staff, Thursday, January 2, 10:05 AM ET
Play Video: One Reason For Insiders to Buy


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There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on December 12, Oaktree Strategic Income Corporation's Director, Deborah Ann Gero, invested $16,557.40 into 2,000 shares of OCSI, for a cost per share of $8.28. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money.

In trading on Thursday, bargain hunters could buy shares of Oaktree Strategic Income Corporation (NASDAQ:OCSI) and achieve a cost basis 1.3% cheaper than Gero, with shares changing hands as low as $8.17 per share. Oaktree Strategic Income Corporation shares are currently trading up about 0.1% on the day. The chart below shows the one year performance of OCSI shares, versus its 200 day moving average:

Oaktree Strategic Income Corporation Chart

Looking at the chart above, OCSI's low point in its 52 week range is $7.54 per share, with $8.81 as the 52 week high point — that compares with a last trade of $8.19. By comparison, below is a table showing the prices at which OCSI insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
11/22/2019 Deborah Ann Gero Director 3,000 $8.23 $24,700.77
12/05/2019 Armen Panossian Chief Executive Officer 6,000 $8.25 $49,520.40
12/11/2019 Mathew Pendo President and COO 3,600 $8.35 $30,060.00
12/12/2019 Deborah Ann Gero Director 2,000 $8.28 $16,557.40

The current annualized dividend paid by Oaktree Strategic Income Corporation is $0.62/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 12/12/2019. Below is a long-term dividend history chart for OCSI, which can be of good help in judging whether the most recent dividend with approx. 7.6% annualized yield is likely to continue.


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This Article's Word Cloud:   Arial   Armen   Back   Bargain   Bargains   Below   Cheaper   Chief   Corporation   Days   Deborah   December   Director   Dividend   Dollars   Executive   Gero   Income   OCSI   Oaktree   Seven   Strategic   about   annualized   below   buying   chart   cost   currently   dividend   escape   fillColor   hunters   insider   last   most   only   paid   point   reason   recent   share   shares   stock   that   their   trading   week   which   with

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