Sixth Street Specialty Lending, Inc. ( TSLX ) Nowojorska Giełda Papierów Wartościowych

Cena: 22.63 ( 0.67% )

Aktualizacja 06-17 21:49
Nowojorska Giełda Papierów Wartościowych
Branża: Asset Management

Notowania:


Informacje o spółce:
Sektor: Usługi Finansowe
Branża: Asset Management
Zatrudnienie: None
Giełda: Nowojorska Giełda Papierów Wartościowych
Ilość akcji w obrocie: 0%
Ilość akcji: 87 829 504
Debiut giełdowy: 2014-03-21
WWW: https://www.sixthstreetspecialtylending.com
CEO: Mr. Joshua William Easterly
Adres: 2100 McKinney Avenue
Siedziba: 75201 Dallas
ISIN: US83012A1097
Opis firmy:

Sixth Street Specialty Lending, Inc. (NYSE: TSLX) to firma zajmująca się rozwijaniem biznesu. Fundusz udziela starszych pożyczek zabezpieczonych (pierwszego, drugiego, drugiego i unitranche), niezabezpieczonych pożyczek, długu antresoli i inwestycji w obligacje korporacyjne i wartości papierów wartościowych oraz produkty strukturalne, inicjatywy o strukturze, inicjatyce, inicjatywy, i wspólną sprawiedliwość. Fundusz inwestuje w usługi biznesowe, oprogramowanie i technologię, opiekę zdrowotną, energię, konsumpcję i handel detaliczny, produkcja, przemysł, firmy opłacalne, edukacja i finanse specjalne. Dąży do finansowania i pożyczania firmom średniego rynku, zlokalizowanego głównie w Stanach Zjednoczonych. Fundusz inwestuje w firmy o wartości przedsiębiorstwa od 50 do 1 miliarda USD lub więcej, a EBITDA od 10 do 250 milionów USD. Wielkość transakcji wynosi od 15 do 350 milionów dolarów. Fundusz inwestuje w spektrum struktury kapitałowej i może organizować syndykowane transakcje w wysokości do 500 milionów dolarów i zajmować znaczne stanowiska w swoich kredytach.

Wskaźniki finansowe
Kapitalizacja (USD) 2 126 414 372
Aktywa: 3 529 864 000
Cena: 22.63
Wskaźnik Altman Z-Score: 131.0
Stabilny (niskie ryzyko bankructwa)
Dywidenda: 2
P/E: 12.0
Ilość akcji w obrocie: 0%
Średni wolumen: 494 558
Ilość akcji 93 964 400
Wskaźniki finansowe
Przychody TTM 396 706 000
Zobowiązania: 1 932 683 000
Przedział 52 tyg.: 18.58 - 23.75
Piotroski F-Score: 5
Umiarkowany (średnia jakość finansowa)
EPS: 1.9
P/E branży: 11.5
Beta: 1.063
Raport okresowy: 2025-07-29
WWW: https://www.sixthstreetspecialtylending.com
Zarząd
Imie i Nazwisko Stanowisko Wynagrodzenie Rok urodzenia
Mr. Ian Timothy Simmonds Chief Financial Officer 0 1973
Mr. Michael E. Fishman Vice President & Non-Independent Director 0 1963
Mr. Michael Graf CPA Deputy Chief Financial Officer & Principal Accounting Officer 0 1983
Mr. Anton Brett Chief Compliance Officer & Secretary 0 1988
Ms. Jennifer E. Gordon J.D. Vice President & Non-Independent Director 0 1976
Mr. Matthew Lillard Principal 0 0
Mr. Joshua William Easterly Chief Executive Officer & Chairman of the Board 0 1976
Ms. Cami VanHorn Head of Investor Relations 0 0
Mr. David Stiepleman Vice President & Non-Independent Director 0 1972
Mr. Robert Stanley President 0 1975
Wiadomości dla Sixth Street Specialty Lending, Inc.
Tytuł Treść Źródło Aktualizacja Link
BDC Weekly Review: Bimodal Q1 Numbers Weigh On The Sector We take a look at the action in business development companies through the first week of May and highlight some of the key themes we are watching. BDCs fell around 1.5% this week due to a couple of weak Q1 reports, with the sector still below pre-Liberation Day levels. Despite recent dips, historically resilient BDCs are showing strong ROE figures, suggesting selective opportunities for patient investors. seekingalpha.com 2025-05-10 13:02:13 Czytaj oryginał (ang.)
Sixth Street Specialty Lending: A BDC Worthy Of Your Capital Trump's tariffs have escalated into a U.S.-China trade war, creating a riskier environment for BDCs, likely impacting their portfolio performance. TSLX's strong portfolio, focused on first-lien debt and diversified investments, positions it well to handle economic downturns and non-accruals. TSLX's internal performance ratings are outstanding, with 94.5% of the portfolio raising no concerns and non-accruals at a manageable 1.2%. seekingalpha.com 2025-05-08 12:30:00 Czytaj oryginał (ang.)
2 Great 7-10% Yields For Retirement Income Berkshire Hathaway famously doesn't pay a dividend, but these high yield stocks do, and trade at attractive valuations. Sixth Street Specialty Lending provides a 10.1% yield, conservative middle-market lending, strong underwriting standards, and robust liquidity, making it ideal for income investors. Omega Healthcare Investors offers a 7.4% yield, benefits from strategic acquisitions, private-pay tenant growth, and a triple-net lease model, supported by demographic trends. seekingalpha.com 2025-05-07 14:00:00 Czytaj oryginał (ang.)
Sixth Street Specialty Lending, Inc. (TSLX) Q1 2025 Earnings Call Transcript Sixth Street Specialty Lending, Inc. (NYSE:TSLX ) Q1 2025 Results Conference Call May 1, 2025 8:30 AM ET Company Participants Cami VanHorn - Head, Investor Relations Joshua Easterly - Chief Executive Officer Bo Stanley - President Ian Simmonds - Chief Financial Officer Conference Call Participants Finn O'Shea - Wells Fargo Brian McKenna - Citizens Mickey Schleien - Ladenburg Kenneth Lee - RBC Capital Markets Sean Paul Adams - Value Securities Maxwell Fritscher - Truist Melissa Wedel - JPMorgan Robert Dodd - Raymond James Paul Johnson - KBW Operator Good day, and thank you for standing by. Welcome to the Sixth Street Specialty Lending, Inc. First Quarter 2025 Earnings Conference Call. seekingalpha.com 2025-05-01 17:24:03 Czytaj oryginał (ang.)
Sixth Street Specialty Lending, Inc. Provides a Letter to Stakeholders in Conjunction with its First Quarter Earnings Results NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today sent the following letter to its stakeholders in conjunction with its first quarter ended March 31, 2025 financial results. Please view a printable version of the letter here. Source: Sixth Street Specialty Lending, Inc. businesswire.com 2025-04-30 23:52:00 Czytaj oryginał (ang.)
Sixth St (TSLX) Reports Q1 Earnings: What Key Metrics Have to Say While the top- and bottom-line numbers for Sixth St (TSLX) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com 2025-04-30 23:35:42 Czytaj oryginał (ang.)
Sixth Street (TSLX) Q1 Earnings Top Estimates Sixth Street (TSLX) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.58 per share a year ago. zacks.com 2025-04-30 23:01:17 Czytaj oryginał (ang.)
Sixth Street Specialty Lending, Inc. Reports First Quarter 2025 Earnings Results; Declares a Second Quarter Base Dividend Per Share of $0.46, and a First Quarter Supplemental Dividend Per Share of $0.06 NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today reported financial results for the first quarter ended March 31, 2025. Please view a printable version of the 2025 First Quarter Results. Conference Call Information: A conference call to discuss the Company's financial results will be held at 8:30 a.m. Eastern Time on May 1, 2025. The conference call will be broadcast live in listen-only mode on the Investor Resources section of TSLX's website. businesswire.com 2025-04-30 20:05:00 Czytaj oryginał (ang.)
Sixth Street Specialty Lending: A Quality Dividend Powerhouse For Long-Term Investors Sixth Street Specialty Lending provides investors with a 10% dividend yield and low volatility, which makes it suitable for defensive income-focused portfolios that require stable cash flows. The company maintains stable stock performance, solid financials and prudent leverage which supports its ability to continue dividend payments even though it trades at a premium to NAV. The recent price pullback presents an attractive entry point, with potential gains of nearly 18% and a solid risk/reward balance. seekingalpha.com 2025-04-21 12:54:09 Czytaj oryginał (ang.)
Sixth St (TSLX) Soars 6.4%: Is Further Upside Left in the Stock? Sixth St (TSLX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road. zacks.com 2025-04-10 14:55:46 Czytaj oryginał (ang.)
Sixth Street Specialty Lending: Time To Pull The Trigger And Buy (Rating Upgrade) Sixth Street Specialty Lending offers a well-covered 9% dividend yield, with robust dividend coverage and supplemental dividends, making it attractive for passive income investors. The BDC's focus on first liens, which are the safest loans, provides portfolio and income stability, especially during economic uncertainties. Despite a high price-to-NAV ratio, TSLX's 9% yield is affordable, with potential for re-rating higher based on net investment income metrics. seekingalpha.com 2025-04-07 04:19:40 Czytaj oryginał (ang.)
Sixth Street Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its First Quarter Ended March 31, 2025 Financial Results NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or “the Company") announced today that it will release its financial results for the first quarter ended March 31, 2025 on Wednesday, April 30, 2025, after the market closes. TSLX invites all interested persons to its webcast / conference call on Thursday, May 1, 2025 at 8:30 a.m. Eastern Time to discuss its first quarter ended March 31, 2025 financial results. Conference Call Information: The conference call w. businesswire.com 2025-03-28 18:05:00 Czytaj oryginał (ang.)
3 Rock-Solid Dividend Stocks Yielding Over 8% High-yield dividend stocks are becoming even more compelling as market volatility increases. 247wallst.com 2025-03-28 17:26:59 Czytaj oryginał (ang.)
Let's Talk Mortgage REITs (But Not For Too Long) A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-book ratio may be due to lower volatility in the total economic return by period. Digital Realty Trust deserves to be mocked. I am reporting for duty! seekingalpha.com 2025-03-26 20:38:40 Czytaj oryginał (ang.)
15% Yields Want To Mug Your Dividends Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture some gains in this sector. seekingalpha.com 2025-03-19 18:05:00 Czytaj oryginał (ang.)
Sixth Street Specialty Lending: Improved Fundamentals But Expensive TSLX offers a high dividend yield of 9.2%, supported by strong earnings and supplemental distributions, making it attractive for reliable income seekers. The portfolio is well-diversified with 94% in first lien senior secured debt, reducing risk and ensuring high repayment priority. Non-accrual rates have improved to 1.4%, indicating better portfolio quality compared to peers and strong management underwriting. seekingalpha.com 2025-03-13 19:04:22 Czytaj oryginał (ang.)
An Important Warning For BDC Investors Why BDCs may be entering a dangerous phase. Avoid these risks before it's too late. One BDC stands out as a safe bet, and is my top pick right now. seekingalpha.com 2025-03-07 09:05:00 Czytaj oryginał (ang.)
9% Yields From Baby Bonds Yield to maturity is crucial in baby bond analysis. Yield to call can also be relevant when call risk is more relevant. We're starting with a hypothetical for demonstrating a key point, then we'll look at two baby bonds as they are trading today. Market inefficiencies can arise from liquidity issues, creating trading opportunities between similar preferred shares or baby bonds. seekingalpha.com 2025-03-06 17:00:18 Czytaj oryginał (ang.)
Is the Options Market Predicting a Spike in Sixth Street Specialty Lending (TSLX) Stock? Investors need to pay close attention to Sixth Street Specialty Lending (TSLX) stock based on the movements in the options market lately. zacks.com 2025-02-20 12:20:36 Czytaj oryginał (ang.)
Sixth Street Specialty Lending, Inc. Prices Public Offering of $300.0 million 5.625% Unsecured Notes due 2030 NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or the “Company”) announced today that it has priced an underwritten public offering of $300.0 million in aggregate principal amount of 5.625% notes due 2030. The notes will mature on August 15, 2030 and may be redeemed in whole or in part at TSLX's option at any time at par plus a “make-whole” premium, if applicable. TSLX expects to use the net proceeds of the offering to pay down outstanding debt under its rev. businesswire.com 2025-02-18 18:35:00 Czytaj oryginał (ang.)
Sixth Street Specialty Lending, Inc. (TSLX) Q4 2024 Earnings Call Transcript Sixth Street Specialty Lending, Inc. (NYSE:TSLX ) Q4 2024 Earnings Conference Call February 14, 2025 8:30 AM ET Company Participants Cami VanHorn - Head, Investor Relations Joshua Easterly - Chief Executive Officer Bo Stanley - President Ian Simmonds - Chief Financial Officer Conference Call Participants Finian O'Shea - Wells Fargo Securities Brian McKenna - Citizens JMP Mickey Schleien - Ladenburg Ken Lee - RBC Capital Markets Melissa Wedel - JPMorgan Robert Dodd - Raymond James Maxwell Fritscher - Truist Paul Johnson - KBW Operator Good morning, and welcome to Sixth Street Specialty Lending, Inc.'s Fourth Quarter and Fiscal Year Ended December 31, 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. seekingalpha.com 2025-02-14 14:24:56 Czytaj oryginał (ang.)
Sixth St (TSLX) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates Although the revenue and EPS for Sixth St (TSLX) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com 2025-02-13 22:02:07 Czytaj oryginał (ang.)
Sixth Street (TSLX) Surpasses Q4 Earnings and Revenue Estimates Sixth Street (TSLX) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.62 per share a year ago. zacks.com 2025-02-13 20:21:11 Czytaj oryginał (ang.)
Billionaire Investor Says 'Sell MLPs': Our Approach My largest investment since the COVID-19 crash has been midstream. However, a legendary billionaire investor just switched from being bullish to announcing he has started selling MLPs. We share our view on the sector right now. seekingalpha.com 2025-02-08 09:05:00 Czytaj oryginał (ang.)
Sixth Street Specialty Lending: Strong Liquidity Enables Navigation Of Lower Interest Rates Sixth Street Specialty Lending has shown strong performance in a high interest rate environment and is well-positioned for potential lower rates. Despite a flat share price, TSLX's solid portfolio and strong dividend coverage make it a good buy on market pullbacks. The latest quarter saw TSLX beat total investment income estimates, although net investment income slightly declined from previous quarters. seekingalpha.com 2025-02-03 09:23:00 Czytaj oryginał (ang.)
Steeper Yield Curve And BDCs: This Is What You Have To Know The past couple of months, which include the steepening of the yield curve, have been positive for BDCs. However, higher long-term rates and a steeper yield curve create a net negative effect for BDC fundamentals. In this article, I explain the recent divergence between BDC prices and the worsening interest rate environment. seekingalpha.com 2025-01-26 11:15:00 Czytaj oryginał (ang.)
Why BDCs Will Likely Outperform In 2025 The BDC sector had a lackluster H2 of 2024 after being on a strong run from 2022 to mid 2024. However, recently there has been some great news for BDCs to start 2025. We share our approach to BDCs right now. seekingalpha.com 2025-01-17 10:42:07 Czytaj oryginał (ang.)
Sixth Street Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its Fourth Quarter and Fiscal Year Ended December 31, 2024 Financial Results NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or “the Company") announced today that it will release its financial results for the fourth quarter and fiscal year ended December 31, 2024 on Thursday, February 13, 2025, after the market closes. TSLX invites all interested persons to its webcast / conference call on Friday, February 14, 2025 at 8:30 a.m. Eastern Time to discuss its fourth quarter and fiscal year ended December 31, 2024 financial results. Conf. businesswire.com 2025-01-10 18:05:00 Czytaj oryginał (ang.)
Sixth Street Specialty Lending: Lower Interest Rates Won't Hurt Its Income Potential Sixth Street Specialty Lending is well-positioned to thrive in a decreasing interest rate environment while maintaining solid dividend coverage. TSLX's defensive portfolio features first-lien debt orientation, effective voting control on 78% of debt investments, and reasonable non-accruals at 1.9%. Despite interest rate cuts, TSLX's dividend coverage remains robust, with a margin of safety of 107% even with further 200 bps cuts. seekingalpha.com 2025-01-10 05:45:00 Czytaj oryginał (ang.)
1 Underrated And 1 Overrated BDC Yielding 9%+ The BDC universe is small and a large chunk of it is uninvestable for institutional money managers. This renders the sector susceptible to emotional and unsubstantiated flows that ultimately create dislocations. I share two BDCs that offer yields of around 9.5%. seekingalpha.com 2025-01-06 11:05:00 Czytaj oryginał (ang.)
8 Stocks I'm Buying As I Hone My Buying Strategy For 2025 I visualize my portfolio as a galley ship with rowers (steady compounders) and sails (high-yielding securities) for balanced growth and income. In 2025, my goal is to refocus on rowers to enhance dividend growth, using Schwab US Dividend Equity ETF (SCHD) as a primary vehicle. I've sold high-risk stocks and reinvested in higher-yielding, safer options, but my portfolio is now too weighted towards immediate income. seekingalpha.com 2024-12-28 10:05:00 Czytaj oryginał (ang.)
5 BDCs With High Dividend Resistance To Falling Interest Rates The financial outlook for many BDCs is not promising. Already lower base rates will continue to depress results in Q4 reports. The trajectory for SOFR is not great either. seekingalpha.com 2024-12-17 11:15:00 Czytaj oryginał (ang.)
2 BDCs That Could Be The Next Stars In The Sector The BDC segment offers significant opportunities for retail investors due to low competition from institutional investors and potential valuation inefficiencies. The best thing that could happen is if we identify these inefficiencies within BDCs that carry robust fundamentals and safe dividend coverage levels. In this article, I share two picks, which, in my opinion, are set to become the next stars in the BDC space (similar to BXSL). seekingalpha.com 2024-12-03 11:15:00 Czytaj oryginał (ang.)
These 5 ‘Special' Dividends Are More Than One-Hit Wonders Today we'll discuss a 5.4% dividend that actually annualizes to 7%. A 5.7% payer that really dishes 12.4%. forbes.com 2024-12-02 09:30:00 Czytaj oryginał (ang.)
BDC Weekly Review: Two BDC Performance Headwinds We take a look at the action in business development companies through the third week of November and highlight some of the key themes we are watching. BDCs posted a strong 2% return this week as market sentiment improved and Treasury yields stabilized. Tightening credit spreads and increasing covenant-lite deals pose potential future risks, reducing portfolio yield and potential capital gains. seekingalpha.com 2024-12-01 23:01:46 Czytaj oryginał (ang.)
Investing In BDCs For 10%+ Yields? This Is What Matters Now When investing for 10%+ BDC yields, investors have to pay extra attention to leverage, dividend coverage, and portfolio quality. Going into Q3, 2024 earnings season, my expectation was that we would see elevated volatility levels and falling NII results. While the actual results have been mostly positive for high-quality BDCs (and even for some speculative picks), many risks remain open. seekingalpha.com 2024-11-20 11:15:00 Czytaj oryginał (ang.)
TSLX: 10% Yielding BDC Suitable For Watch List Despite solid 2024 NII growth, Sixth Street Specialty Lending, Inc.'s realized and unrealized gains fell, but dividends and NII coverage remain strong. TSLX's portfolio is 94% secured loans, with 98.8% at floating rates, and has diversified industry exposure and internal ratings. TSLX trades at a premium to NAV; advised to add to your watch list and watch for market pullbacks for better entry points. seekingalpha.com 2024-11-17 11:15:00 Czytaj oryginał (ang.)
Sixth Street Specialty Lending: Underwhelming Performance And Rising Non-Accruals (Rating Downgrade) I am downgrading Sixth Street Specialty Lending stock to a hold due to its continued underperformance against peers and unjustified premium valuation. Despite a high 10.3% dividend yield and consistent dividend history, TSLX's total return is lackluster, only achieving a 1% YTD return. The non-accrual rate has increased to 1.9%, indicating rising vulnerability in the current high-interest rate environment. seekingalpha.com 2024-11-17 07:55:54 Czytaj oryginał (ang.)
BDC Weekly Review: Tax-Loss Season Is Approaching We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs saw a 2% aggregate return on the week; TPVG surged nearly 20%, while PSEC dropped due to a bad quarter and distribution cut. Tax-loss season may pressure some securities; PSEC, HRZN, TPVG, TCPC, OCSL, GSBD, NMFC, and CSWC could weaken further by year-end. seekingalpha.com 2024-11-16 03:50:34 Czytaj oryginał (ang.)
Sixth Street Specialty Lending, Inc. (TSLX) Q3 2024 Earnings Call Transcript Sixth Street Specialty Lending, Inc. (NYSE:TSLX ) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Cami VanHorn - Head of IR Joshua Easterly - CEO & Chairman Robert Stanley - President Ian Simmonds - CFO Conference Call Participants Brian Mckenna - Citizens' JMP Mark Hughes - Truist Securities Robert Dodd - Raymond James & Associates Bryce Rowe - B. Riley Operator Good morning and welcome to Sixth Street Specialty Lending, Inc.'s Third Quarter Ended September 30th, 2024 Earnings Conference Call. seekingalpha.com 2024-11-06 12:50:00 Czytaj oryginał (ang.)
Here's What Key Metrics Tell Us About Sixth St (TSLX) Q3 Earnings While the top- and bottom-line numbers for Sixth St (TSLX) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com 2024-11-05 21:00:31 Czytaj oryginał (ang.)
Sixth Street (TSLX) Q3 Earnings and Revenues Miss Estimates Sixth Street (TSLX) came out with quarterly earnings of $0.57 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.60 per share a year ago. zacks.com 2024-11-05 20:40:27 Czytaj oryginał (ang.)
Sixth Street Specialty Lending, Inc. Reports Third Quarter 2024 Earnings Results; Declares a Fourth Quarter Base Dividend Per Share of $0.46, and a Third Quarter Supplemental Dividend Per Share of $0.05 NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today reported financial results for the third quarter ended September 30, 2024. Please view a printable version of the 2024 Third Quarter Results. Conference Call Information: A conference call to discuss the Company's financial results will be held at 8:30 a.m. Eastern Time on November 6, 2024. The conference call will be broadcast live in listen-only mode on the Investor Resources section of TSLX's. businesswire.com 2024-11-05 18:05:00 Czytaj oryginał (ang.)
3 BDCs With Highest Dividend Coverage Levels: Only One Is A Defensive Leader The investment environment for BDCs remains solid, but there are some clear risks, which call for extra caution. One of the ways to protect current income streams from BDC allocations is to focus on high dividend coverage level picks. I have identified Top 3 BDCs, which carry the highest dividend coverage levels in the sector (on average around 150%). seekingalpha.com 2024-10-26 13:15:00 Czytaj oryginał (ang.)
Sixth Street Specialty Lending: How's Dividend After Interest Rate Cut Sixth Street Specialty Lending is a defensive BDC with strong base dividend coverage, even amid potential interest rate cuts. TSLX's portfolio is well-diversified, focusing on first-lien debt, with low non-accruals and reasonable industry exposure. Despite interest rate cuts, TSLX's dividend coverage remains robust, with room for special dividends. seekingalpha.com 2024-10-15 10:13:48 Czytaj oryginał (ang.)
A Game Plan For BDC Investors Before The Earnings Season Major BDCs are soon about to report their Q3, 2024 earnings. The current sector-wide challenges do not send encouraging signals. The Management team of SAR, which is one the BDCs that report 10-Q early, has indicated that the headwinds indeed persist. seekingalpha.com 2024-10-12 13:15:00 Czytaj oryginał (ang.)
Sixth Street Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss Its Third Quarter Ended September 30, 2024 Financial Results NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or “the Company") announced today that it will release its financial results for the third quarter ended September 30, 2024 on Tuesday, November 5, 2024, after the market closes. TSLX invites all interested persons to its webcast / conference call on Wednesday, November 6, 2024 at 8:30 a.m. Eastern Time to discuss its third quarter ended September 30, 2024 financial results. Conference Call Information: The con. businesswire.com 2024-10-04 20:05:00 Czytaj oryginał (ang.)
The Best BDC To Buy For Fed Rate Cuts The Federal Reserve's 50 basis point rate cut impacts BDCs, which are sensitive to short-term rate changes, affecting their net investment income. BDCs thrive during rate hikes but face challenges with rate cuts, potentially leading to declining net investment income and increased non-accruals. I take a look at 10 leading BDCs and share my pick for the best one to own in the current environment. seekingalpha.com 2024-09-26 11:05:00 Czytaj oryginał (ang.)
Sixth Street Specialty Lending: A 10% BDC Yield For A Recession Sixth Street Specialty Lending's net funded investment activity declined in 2Q24 due to higher repayments, but it comfortably out-earned its dividend with a 10% yield. The BDC maintains a diversified, high-quality First Lien-focused portfolio with low exposure to cyclical investments, making it a relatively secure investment. Despite a 23% premium to NAV, Sixth Street Specialty Lending's consistent dividend coverage and solid credit profile support a 'Hold' rating. seekingalpha.com 2024-09-05 12:50:39 Czytaj oryginał (ang.)
3 Stocks Ready to Profit From the NFL's Private Equity Agreement The NFL season starts Thursday night with the defending Super Bowl champion Kansas City Chiefs hosting the Baltimore Ravens. 247wallst.com 2024-08-30 18:00:41 Czytaj oryginał (ang.)