Sixth Street Specialty Lending: A 10% BDC Yield For A Recession [Seeking Alpha]
Sixth Street Specialty Lending, Inc. (TSLX)
Last sixth street specialty lending, inc. earnings: 2/19 04:05 pm
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US:NYSE Investor Relations:
tpgspecialtylending.com
Company Research
Source: Seeking Alpha
On the Pulse 12.28K Follower s Follow Summary 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. Risks include potential challenges from lower short-term interest rates, but dividend sustainability and low non-accrual ratios mitigate concerns. Henrik Sorensen Sixth Street Specialty Lending ( NYSE: TSLX reported a decline in net funded investment activity in the second quarter, due to faster repayments from its mostly First Lien investments. The business development company comfortably out-earned its dividend with adjusted net investment income in the se
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TSLX
News
- TPG sells its stake in Sixth Street for more than $1B, ending long partnership [Seeking Alpha]Seeking Alpha
- Sixth Street Specialty Lending, Inc. (NYSE: TSLX) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $23.00 price target on the stock.MarketBeat
- Sixth Street Specialty Lending: Defensive BDC To Buy When Volatility Hits [Seeking Alpha]Seeking Alpha
- Sixth Street Specialty Lending, Inc. (TSLX) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Sixth Street Specialty Lending, Inc. Reports Second Quarter 2024 Earnings Results; Declares a Third Quarter Base Dividend Per Share of $0.46, and a Second Quarter Supplemental Dividend Per Share of $0.06 [Yahoo! Finance]Yahoo! Finance
TSLX
Earnings
- 7/31/24 - Beat
TSLX
Sec Filings
- 8/9/24 - Form 4
- 8/7/24 - Form 4
- 7/31/24 - Form 8-K
- TSLX's page on the SEC website