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Sixth Street Specialty Lending (FRA:1T6) Dividend Yield % : 4.88% (As of May. 06, 2024)


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What is Sixth Street Specialty Lending Dividend Yield %?

As of today (2024-05-06), the Trailing Annual Dividend Yield of Sixth Street Specialty Lending is 4.88%.

Warning Sign:

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

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

FRA:1T6' s Dividend Yield % Range Over the Past 10 Years
Min: 1.69   Med: 8.27   Max: 12.57
Current: 4.88

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%.

FRA:1T6's Dividend Yield % is ranked worse than
54.25% of 1213 companies
in the Asset Management industry
Industry Median: 5.57 vs FRA:1T6: 4.88

Sixth Street Specialty Lending's Dividend Payout Ratio for the three months ended in Mar. 2024 was 1.02.

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 0.84, which seems too high.

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.

As of today (2024-05-06), the Forward Dividend Yield % of Sixth Street Specialty Lending is 9.65%.

Sixth Street Specialty Lending's Dividends per Share for the three months ended in Mar. 2024 was €0.50.

During the past 12 months, Sixth Street Specialty Lending's average Dividends Per Share Growth Rate was 14.20% 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.

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.

The growth rate is calculated with least square regression.

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


Sixth Street Specialty Lending Dividend Yield % Historical Data

The historical data trend for Sixth Street Specialty Lending's Dividend 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.

* Premium members only.

Sixth Street Specialty Lending Dividend Yield % Chart

Sixth Street Specialty Lending Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.30 8.50 6.88 9.97 4.95

Sixth Street Specialty Lending Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.28 5.67 4.96 4.95 5.04

Competitive Comparison of Sixth Street Specialty Lending's Dividend Yield %

For the Asset Management subindustry, Sixth Street Specialty Lending's Dividend Yield %, along with its competitors' market caps and Dividend 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.


Sixth Street Specialty Lending's Dividend Yield % Distribution in the Asset Management Industry

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

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



Sixth Street Specialty Lending Dividend Yield % Calculation

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 0.4600002024-03-142024-03-152024-03-28Cash DividendquarterlyUSD: 1.000000
USD 0.0800002024-02-282024-02-292024-03-20Cash DividendquarterlyUSD: 1.000000
USD 0.4600002023-12-142023-12-152023-12-29Cash DividendquarterlyUSD: 1.000000
USD 0.0700002023-11-292023-11-302023-12-20Cash DividendquarterlyUSD: 1.000000
USD 0.4600002023-09-142023-09-152023-09-29Cash DividendquarterlyUSD: 1.000000
USD 0.0600002023-08-302023-08-312023-09-20Cash DividendquarterlyUSD: 1.000000
USD 0.4600002023-06-142023-06-152023-06-30Cash DividendquarterlyUSD: 1.000000
USD 0.0400002023-05-302023-05-312023-06-20Cash DividendquarterlyUSD: 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.09/19.308
=10.82 %

Current Share Price is €19.308.
Sixth Street Specialty Lending's Dividends per Share for the trailing twelve months (TTM) ended in Today is €2.09.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.84/19.308
=9.53 %

Current Share Price is €19.308.
Sixth Street Specialty Lending's Dividends per Share for the forward twelve months is calculated as €0.46 * 4 = €1.84.

* 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  (FRA:1T6) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Sixth Street Specialty Lending Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Sixth Street Specialty Lending's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sixth Street Specialty Lending (FRA:1T6) 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.

Sixth Street Specialty Lending (FRA:1T6) Headlines

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