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Sixth Street Specialty Lending (Sixth Street Specialty Lending) 3-Year Dividend Growth Rate : 8.60% (As of Dec. 2023)


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What is Sixth Street Specialty Lending 3-Year Dividend Growth Rate?

Sixth Street Specialty Lending's Dividends per Share for the three months ended in Dec. 2023 was $0.53.

The historical rank and industry rank for Sixth Street Specialty Lending's 3-Year Dividend Growth Rate or its related term are showing as below:

TSLX' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.6   Med: 1.7   Max: 8.6
Current: 8.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sixth Street Specialty Lending was 8.60% per year. The lowest was 0.60% per year. And the median was 1.70% per year.

TSLX's 3-Year Dividend Growth Rate is ranked better than
72.7% of 868 companies
in the Asset Management industry
Industry Median: 1.7 vs TSLX: 8.60

During the past 12 months, Sixth Street Specialty Lending's average Dividends Per Share Growth Rate was 24.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Sixth Street Specialty Lending's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.91. As of today, Sixth Street Specialty Lending's Dividend Yield % is 4.94%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Sixth Street Specialty Lending Inc is 0.81, which seems too high.

Warning Sign:

Sixth Street Specialty Lending Inc stock dividend yield is close to 5-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Sixth Street Specialty Lending's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Sixth Street Specialty Lending's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sixth Street Specialty Lending's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sixth Street Specialty Lending's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Sixth Street Specialty Lending's 3-Year Dividend Growth Rate falls into.



Sixth Street Specialty Lending 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Sixth Street Specialty Lending  (NYSE:TSLX) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Sixth Street Specialty Lending's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.53/ 0.58
=0.91

During the past 13 years, the highest Dividend Payout Ratio of Sixth Street Specialty Lending was 1.32. The lowest was 0.59. And the median was 0.82.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Sixth Street Specialty Lending Inc is 0.81, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Sixth Street Specialty Lending Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4602024-03-142024-03-152024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.0802024-02-282024-02-292024-03-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.4602023-12-142023-12-152023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.0702023-11-292023-11-302023-12-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.4602023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.0602023-08-302023-08-312023-09-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.4602023-06-142023-06-152023-06-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.0402023-05-302023-05-312023-06-20Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Sixth Street Specialty Lending's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.09/21.68
=9.64 %

Current Share Price is $21.68.
Sixth Street Specialty Lending's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.09.

During the past 13 years, the highest Dividend Yield of Sixth Street Specialty Lending was 12.57%. The lowest was 1.69%. And the median was 8.27%.

Warning Sign:

Sixth Street Specialty Lending Inc stock dividend yield is close to 5-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sixth Street Specialty Lending 3-Year Dividend Growth Rate Related Terms>


Sixth Street Specialty Lending (Sixth Street Specialty Lending) Business Description

Traded in Other Exchanges
Address
2100 McKinney Avenue, Suite 1500, Dallas, TX, USA, 75201
Sixth Street Specialty Lending Inc is a specialty finance company focused on providing flexible, fully committed financing solutions to middle market companies located in the united states of america. It partners with companies across a variety of industries and excel at providing creative solutions to companies with complex business models that may have limited access to capital. The company seeks to generate income in U.S.-domiciled middle-market companies through direct originations of interest income from the investments we hold. In addition, we may generate income from dividends on equity investments, capital gains on the sale of investments and various loan origination and other fees.
Executives
P Emery Covington director 2100 MCKINNEY AVENUE, SUITE 1500, DALLAS TX 75201
Hurley Doddy director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Michael Graf officer: Principal Accounting Officer 301 COMMERCE STREET, FORT WORTH TX 76102
Anton Brett officer: Chief Compliance Officer C/O SIXTH STREET PARTNERS, LLC, 2100 MCKINNEY AVENUE, SUITE 1500, DALLAS TX 75201
Steven Pluss officer: Vice President C/O TPG GLOBAL, LLC, 301 COMMERCE STREET, FORT WORTH TX 76102
Joshua Peck officer: Vice President C/O SIXTH STREET PARTNERS, LLC, 2100 MCKINNEY AVENUE, SUITE 1500, DALLAS TX 75201
Jennifer Gordon officer: Chief Compliance Officer C/O TPG GLOBAL, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Ian Simmonds officer: Chief Financial Officer 301 COMMERCE STREET, FORT WORTH TX 76102
Judy S Slotkin director 888 PARK AVENUE, NEW YORK NY 10021
Richard A Higginbotham director FLEETBOSTON FINANCIAL CORP, 100 FEDERAL STREET, BOSTON MA 02110
Joshua Easterly director, officer: Vice President 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
John Ross director 830 PARK AVENUE, APARTMENT 11B, NEW YORK NY 10021
Kenneth Joseph Burke officer: Chief Compliance Officer 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Robert J. Stanley officer: President 301 COMMERCE STREET, FORT WORTH TX 76102
Ronald Tanemura director 1010 36TH AVENUE EAST, SEATTLE WA 98112

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