NCDL (Nuveen Churchill Direct Lending) Shareholder Yield % : 15.52% (As of Mar. 2026)

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NCDL Nuveen Churchill Direct Lending Corp NCDL
29 GF Score
Price $12.81
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What is Nuveen Churchill Direct Lending Shareholder Yield %?

Nuveen Churchill Direct Lending NCDL +0.47% 29 Shareholder Yield % is 15.52% as of Mar. 2026. GuruFocus rates NCDL with a GF Score™ of 29/100. The stock has 5 warning signs investors should review. Among 1,487 Asset Management companies, Nuveen Churchill Direct Lending ranks better than 88.16% on this metric.

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Nuveen Churchill Direct Lending's Shareholder Yield % was 15.52%.


Nuveen Churchill Direct Lending  (NYSE:NCDL) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Nuveen Churchill Direct Lending Shareholder Yield % Related Terms


Nuveen Churchill Direct Lending Shareholder Yield % Historical Data

* Premium members only.

The historical data trend for Nuveen Churchill Direct Lending's Shareholder Yield % 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.

Nuveen Churchill Direct Lending Shareholder Yield % Chart

Nuveen Churchill Direct Lending Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shareholder Yield %
Get a 7-Day Free Trial 0.00 0.00 0.00 -24.57 4.71

Nuveen Churchill Direct Lending Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shareholder Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.95 -4.75 2.06 4.71 16.33

NCDL vs PDT, HKHC, VINP: Shareholder Yield % Comparison

For the Asset Management subindustry, Nuveen Churchill Direct Lending's Shareholder Yield %, along with its competitors' market caps and Shareholder Yield % 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.


Nuveen Churchill Direct Lending Shareholder Yield % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Churchill Direct Lending's Shareholder Yield % distribution charts can be found below:

* The bar in red indicates where Nuveen Churchill Direct Lending's Shareholder Yield % falls into.


NCDL
29GF Score
Nuveen Churchill Direct Lending Corp NCDL
Shareholder Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Churchill Direct Lending Shareholder Yield % Calculation

Nuveen Churchill Direct Lending's Shareholder Yield % for the quarter that ended in Mar. 2026 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=13.76 %+4.57 %+-2 %
=16.33 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

Frequently Asked Questions Learn more about Shareholder Yield % →
What does a Shareholder Yield % of 15.52% mean?
Nuveen Churchill Direct Lending (NCDL) has a Shareholder Yield % of 15.52% as of Mar. 2026. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Nuveen Churchill Direct Lending and its competitors. According to the industry distribution chart, Nuveen Churchill Direct Lending ranks #176 out of 1487 companies in the Asset Management industry, placing it in the top 11.8%.
Is Nuveen Churchill Direct Lending's Shareholder Yield % too high?
Nuveen Churchill Direct Lending's current Shareholder Yield % is 15.52%. The Asset Management industry median Shareholder Yield % is 4.05. Nuveen Churchill Direct Lending's value of 15.52% is 283.2% above this industry median. Based on the distribution chart, Nuveen Churchill Direct Lending ranks #176 out of 1487 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Nuveen Churchill Direct Lending has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Churchill Direct Lending's Shareholder Yield % compare to PDT and HKHC?
According to the Asset Management industry distribution chart, Nuveen Churchill Direct Lending ranks #176 out of 1487 companies for Shareholder Yield %. This places Nuveen Churchill Direct Lending in the top 12% of its industry — outperforming the majority of peers. The industry median Shareholder Yield % is 4.05. Nuveen Churchill Direct Lending's value of 15.52% is 283.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shareholder Yield % for an Asset Management company?
The median Shareholder Yield % among Asset Management companies is 4.05, based on 1,487 companies in the industry. Companies in the top quartile (top 25%) have a Shareholder Yield % significantly above this median, while those in the bottom quartile fall well below. However, Shareholder Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen Churchill Direct Lending's current Shareholder Yield % of 15.52% is 283.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Nuveen Churchill Direct Lending and its competitors. For the Asset Management industry, the median Shareholder Yield % is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Churchill Direct Lending's current Shareholder Yield % is 15.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Churchill Direct Lending stock overvalued right now?
Nuveen Churchill Direct Lending (NCDL) has a current Shareholder Yield % of 15.52%. The current Shareholder Yield % is 15.52% and 283.2% above the Asset Management industry median of 4.05. Nuveen Churchill Direct Lending's overall GF Score™ is 29/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For Nuveen Churchill Direct Lending (NCDL), the current Shareholder Yield % is 15.52% 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.

Nuveen Churchill Direct Lending Business Description

Other Exchanges O7A:Germany
Address 375 Park Avenue, 9th Floor, New York, NY, USA, 10152
Nuveen Churchill Direct Lending Corp is a specialty finance company focused predominantly on investing in senior secured loans to private equity-owned U.S. middle market companies. It is a closed-end, externally managed, non-diversified management investment company. The company's investment objective is to generate attractive risk-adjusted returns through current income by investing in senior secured loans to private equity-owned U.S. middle market companies. It invests in senior secured loans that typically pay floating interest rates and are senior in the capital structure to junior debt and equity.
29GF Score

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