TCG BDC, Inc. Stock News

NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2024.

Carlyle Secured Lending offers an 11% yield, covering its dividend with net investment income, despite a decline in portfolio value and interest income. The non-accrual ratio improved significantly in 3Q24 due to selling underperforming loans, enhancing loan quality, and aligning with peers like Ares Capital. The BDC's portfolio value decreased 8% YoY, primarily due to higher repayments, impact...

Carlyle Secured Lending Inc. is an overlooked small-cap business development company, or BDC, with solid fundamentals, poised for growth post-merger despite recent earnings misses. The BDC's dividend coverage remains strong at 109%, with a 9.4% yield, making it attractive for income investors in an expensive market. Carlyle's balance sheet is robust, with low leverage, strong liquidity, and inv...

Carlyle Secured Lending Inc. is a business development company, or BDC, that fills the financing gap for enterprises struggling to acquire more traditional forms of financing (public or bank). The Company's defensive portfolio provides solid metrics in terms of first-lien exposition and non-accruals. CGBD distinguishes itself with outstanding regular dividend coverage, which should attract inve...

Carlyle Secured Lending Inc. (NASDAQ:CGBD ) Q3 2024 Earnings Conference Call November 6, 2024 11:00 AM ET Company Participants Nishil Mehta - Head of Shareholder Relations Justin Plouffe - Chief Executive Officer Thomas Hennigan - Chief Financial Officer Conference Call Participants Bryce Rowe - B. Riley Melissa Wedel - JPMorgan Operator Good day and thank you for standing by and welcome to the...

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NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (“Carlyle Secured Lending”) (NASDAQ: CGBD) will host a conference call at 11:00 a.m. EST on Wednesday, November 6, 2024 to announce its financial results for the third quarter ended September 30, 2024. A news release containing the quarterly results will be issued on Tuesday, November 5, 2024.

Carlyle Secured Lending's merger with CSL III promises higher net investment income, improved liquidity, and better diversification, appealing to passive income investors. The stock trades at a 1% premium to NAV, with potential for re-rating if merger synergies are realized. Despite a 100% floating-rate portfolio, Carlyle Secured Lending's dividend coverage remains strong, with both base and sp...