SmarterDividends
FSSL

FS Specialty Lending Fund

FSSL

Financial Services · Stock · monthly payer

$11.38

Undervalued · +82% Add to Portfolio

Forward Yield

11.12%

Annual Dividend

$1.27

Payout Ratio

—

5-Yr Growth

—

Ex-Date

Oct 23, 2026

Frequency

Monthly

Key facts about FSSL's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, FS Specialty Lending Fund (FSSL) has a forward dividend yield of 11.12%, based on an annual dividend of $1.27 per share and a share price of $11.38.
  • FSSL has never cut its regular dividend in the payment history SmarterDividends has on record.
  • FSSL's next ex-dividend date is Oct 23, 2026, with payment on Oct 30, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for FSSL is $20.76 per share, 82% above the $11.38 share price, so FSSL screens as undervalued.
  • FS Specialty Lending Fund (FSSL) pays its dividend monthly, 12 times a year.
  • FS Specialty Lending Fund (FSSL) has raised its regular dividend 1 time and cut it 0 times across the 9 payments on record since 2026. Its most recent change was a 8.7% increase to $0.150 per share, going ex-dividend on Aug 24, 2026.
Cite this page

SmarterDividends, "FSSL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/FSSL

Summary

As of Oct 18, 2026, FS Specialty Lending Fund (FSSL) yields 11.12% ($1.27 a year per share).

Is FSSL a good dividend stock?

Mixed

FS Specialty Lending Fund (FSSL) pays a monthly dividend yielding 11.12% ($1.27/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Never cut its dividend on record

Risks

  • Very high yield can signal elevated risk

Key Data

Dividend Yield
11.12%
Payout Ratio
—
Annual Dividend
$1.27
5-Yr Avg Growth
—
Ex-Dividend Date
Oct 23, 2026
Years of Growth
0
Frequency
monthly
Beta
—
Market Cap
$863.9M
P/E Ratio
19.3
5-Yr Total Return
—
52-Week Range
$10.75 – $15.00
Dividend Safety
—
Ever Cut?
No

FSSL dividend raises and cuts

FS Specialty Lending Fund (FSSL) has raised its regular dividend 1 time and cut it 0 times across the 9 payments on record since 2026. Its most recent change was a 8.7% increase to $0.150 per share, going ex-dividend on Aug 24, 2026.

Ex-dateChangeOld → newMove
Aug 24, 2026Raise$0.138 → $0.150+8.7%
Every FSSL payment →Download every raise and cut (CSV)
FSSL ex-dividend date & scheduleNext ex-date Oct 23, 2026 · full ex-dividend historyView →FSSL dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is FSSL a good dividend stock?

Mixed. FS Specialty Lending Fund (FSSL) pays a monthly dividend yielding 11.12% ($1.27/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is FSSL undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, FSSL's fair value is about $20.76 versus a $11.38 share price — so it looks undervalued (+82% vs. fair value).

What is FSSL's fair value?

Our blended fair-value estimate for FSSL is about $20.76 per share, roughly 82% above the current $11.38 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is FSSL a buy, hold, or sell?

We don't issue formal ratings, but on the data FSSL screens as "mixed" and undervalued. FS Specialty Lending Fund (FSSL) pays a monthly dividend yielding 11.12% ($1.27/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

Does FSSL pay a dividend?

Yes. FS Specialty Lending Fund pays a monthly dividend of about $1.27 per share annually, a forward yield of roughly 11.12%.

What is FSSL's dividend yield?

As of Oct 18, 2026, FSSL's forward dividend yield is 11.12%, based on a $1.27 annual dividend and a $11.38 share price.

What is FSSL's dividend per share?

As of Oct 18, 2026, FSSL pays $1.27 per share per year, distributed on a monthly basis.

How many years has FSSL grown its dividend?

FSSL does not currently have a long dividend-growth streak on record.

When is the next FSSL ex-dividend date?

As of Oct 18, 2026, the next ex-dividend date on record for FSSL is Oct 23, 2026.

Income Calculator

At $1.27 / yr per share

Per payment (monthly)$10.55
Annual$126.60
Monthly avg$10.55

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