Sixth Street Specialty Lending: 10% Yield Is Getting Less Sustainable [Seeking Alpha]
Sixth Street Specialty Lending, Inc. (TSLX)
Last sixth street specialty lending, inc. earnings: 2/19 04:05 pm
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tpgspecialtylending.com
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Source: Seeking Alpha
Summary TSLX offers a 10% dividend yield with strong fundamentals, but recent performance has lagged, delivering a YTD total return of just 1.4%. Q3 2024 results show a slight decline in net investment income and NAV, with distribution coverage at 109%, raising concerns about dividend sustainability. Portfolio quality remains strong, but yield compression and potential base rate cuts could pressure net investment income, necessitating aggressive M&A activity. Despite solid fundamentals, the thin margin of safety prompts a downgrade to hold due to concerns over future dividend sustainability. Anja W. I have been bullish on Sixth Street Specialty Lending, Inc. ( NYSE: TSLX ) since early 2024, arguing that it is a solid case through which to open an exposure towards BDC segment without assuming unnecessary speculative risks. For me, investing in BDCs is This article was written by Roberts Berzins, CFA 7K Follower s Follow Roberts Berzins has over a decade of expe
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News
- TSLX: 10% Yielding BDC Suitable For Watch List [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, Inc. (NYSE: TSLX) had its price target lowered by analysts at Keefe, Bruyette & Woods from $23.00 to $21.50. They now have an "outperform" rating on the stock.MarketBeat
- Sixth Street Specialty Lending Inc (TSLX) Q3 2024 Earnings Call Highlights: Strong Income ... [Yahoo! Finance]Yahoo! Finance
- Sixth Street Specialty Lending, Inc. (NYSE: TSLX) was upgraded by analysts at LADENBURG THALM/SH SH from a "neutral" rating to a "buy" rating. They now have a $21.00 price target on the stock.MarketBeat
TSLX
Earnings
- 11/5/24 - In-Line
TSLX
Sec Filings
- 11/5/24 - Form 8-K
- 11/5/24 - Form 10-Q
- TSLX's page on the SEC website