TSLX (Sixth Street Specialty Lending) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

What is Sixth Street Specialty Lending Dividend Payout Ratio?

Sixth Street Specialty Lending TSLX +4.26% 53 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates TSLX with a GF Score™ of 53/100 and a GF Value™ of $12.56 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 931 Asset Management companies, Sixth Street Specialty Lending ranks worse than 82.38% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Sixth Street Specialty Lending's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

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 1.75, which seems too high.

The historical rank and industry rank for Sixth Street Specialty Lending's Dividend Payout Ratio or its related term are showing as below:

TSLX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.59 Med: 0.82 Max: 1.75
Current: 1.75

During the past 13 years, the highest Dividend Payout Ratio of Sixth Street Specialty Lending was 1.75. The lowest was 0.59. And the median was 0.82.

TSLX's Dividend Payout Ratio is ranked worse than
82.38% of 931 companies
in the Asset Management industry
Industry Median: 0.7 vs TSLX: 1.75

As of today (2026-06-28), the Dividend Yield % of Sixth Street Specialty Lending is 7.99%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Sixth Street Specialty Lending was 12.57%. The lowest was 6.70%. And the median was 8.60%.

Sixth Street Specialty Lending's Dividends per Share for the months ended in Mar. 2026 was $0.47.

During the past 12 months, Sixth Street Specialty Lending's average Dividends Per Share Growth Rate was -4.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.40% per year.

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 0.00% per year. And the median was 1.70% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Sixth Street Specialty Lending (NYSE:TSLX) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Sixth Street Specialty Lending Dividend Payout Ratio Related Terms

Sixth Street Specialty Lending Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Sixth Street Specialty Lending's Dividend Payout Ratio can be seen below:

* 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 Dividend Payout Ratio Chart

Sixth Street Specialty Lending Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.59

1.23

0.81

1.06

1.13

Sixth Street Specialty Lending Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															1.36	0.83	1.09	1.58	0.00

TSLX vs BDJ, BCAT, DXYZ: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Sixth Street Specialty Lending's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Sixth Street Specialty Lending's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Sixth Street Specialty Lending's Dividend Payout Ratio falls into.

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53GF Score

Sixth Street Specialty Lending Inc TSLX

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Sixth Street Specialty Lending Dividend Payout Ratio Calculation

Sixth Street Specialty Lending's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	2.05	/	1.81
	=	1.13

Sixth Street Specialty Lending's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.47	/	-0.27
	=	N/A

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.00 mean?

Sixth Street Specialty Lending (TSLX) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Sixth Street Specialty Lending and its competitors. Over the past decade, Sixth Street Specialty Lending's Dividend Payout Ratio has ranged from 0.59 to 1.75. According to the industry distribution chart, Sixth Street Specialty Lending ranks #767 out of 931 companies in the Asset Management industry, placing it in the top 82.4%.

Is Sixth Street Specialty Lending's Dividend Payout Ratio too high?

Sixth Street Specialty Lending's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.75. Based on the distribution chart, Sixth Street Specialty Lending ranks #767 out of 931 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Sixth Street Specialty Lending has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Sixth Street Specialty Lending's Dividend Payout Ratio compare to BDJ and BCAT?

According to the Asset Management industry distribution chart, Sixth Street Specialty Lending ranks #767 out of 931 companies for Dividend Payout Ratio. This places Sixth Street Specialty Lending in the lower half of its industry. The industry median Dividend Payout Ratio is 0.70. Historically, Sixth Street Specialty Lending's own Dividend Payout Ratio has ranged from 0.59 to 1.75 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for an Asset Management company?

The median Dividend Payout Ratio among Asset Management companies is 0.70, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Sixth Street Specialty Lending and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sixth Street Specialty Lending's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Sixth Street Specialty Lending stock overvalued right now?

Based on GuruFocus' analysis, Sixth Street Specialty Lending (TSLX) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.56, compared to a current price of $16.89 — trading 34.5% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Sixth Street Specialty Lending's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Sixth Street Specialty Lending (TSLX), the current Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sixth Street Specialty Lending (TSLX) Overvalued in 2026?

Based on GuruFocus' analysis, Sixth Street Specialty Lending stock appears to be overvalued. The current stock price of $16.89 is trading 34.5% above its estimated GF Value™ of $12.56. GuruFocus considers Sixth Street Specialty Lending to be Significantly Overvalued.

Key valuation signals for TSLX:

Dividend Payout Ratio: 0.00
GF Value™: $12.56 vs. price of $16.89 (34.5% above fair value)
GF Score™: 53/100 with 6 warning signs

No single metric tells the full story. See the TSLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sixth Street Specialty Lending Business Description

Industry Financial Services Asset Management

Comparable Companies BDJ BCAT DXYZ STEW CET BST ECAT QQQX ETV GAM BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT OSTO:EQT AMP

Other Exchanges 1T6:Germany

Address 2100 McKinney Avenue, Suite 1500, Dallas, TX, USA, 75201

Website https://www.sixthstreetspecialtylending.com

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. The company partners with other companies across a variety of industries and provides creative solutions with complex business models that may have limited access to capital. The company seeks to generate current income in U.S.-domiciled middle-market companies through direct originations of senior secured loans and, to a lesser extent, originations of mezzanine and unsecured loans and investments in corporate bonds and equity securities.

53GF Score

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$16.89

Price

$12.56

GF Value

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