USSTOCK.TODAY
Market Closed
Log in Sign up

Sixth Street Specialty Lending Announces Q3 Net Investment Income Growth and Additional Dividend

The Motley Fool +1 · ·by G4L

TSLX
TSLX Sixth Street Specialty Lending Inc
$17.94 +1.64%
View chart & analysis →
  1. 1Sixth Street Specialty Lending recorded net investment income of $0.44 per share in the third quarter.
  2. 2The dividend coverage for Sixth Street Specialty Lending, Inc. reached 105% in the third quarter.
  3. 3As of September 30, more than 85% of Sixth Street Specialty Lending, Inc.'s fair value portfolio consists of assets originated since the start of the current interest rate hike cycle.

So what's the key point?

Sixth Street Specialty Lending generated $0.44 in investment income per share during the third quarter. This means there is sufficient capacity to pay dividends, allowing for additional dividend payments to investors.

Source The Motley Fool +1 · View original ↗

Related 3-line summaries

Avis Budget Group reports weak financial results despite operational efficiency The Motley Fool +1 · 5d agoHut 8 Mining Corp shares plunge over 21% as third-quarter losses widen and revenue misses estimates Proactive +1 · 5d agoTwin Disc reports $3.4 million in first quarter profit Associated Press +1 · 5d ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news