earnings
confidence high
sentiment neutral
materiality 0.65
TSLX Q1 net investment income $0.59/share; NAV $17.17; declares base $0.46 + supplemental $0.06
Sixth Street Specialty Lending, Inc.
2024-Q1 EPS reported
$0.53
- Net investment income $52.4M ($0.59/share); adjusted $0.58; net income $47.5M ($0.53/share).
- Investment income $117.8M, up 22% YoY; weighted average yield on debt portfolio 13.8% at fair value.
- NAV per share $17.17 at March 31, 2024 vs $17.04 at Dec 31, 2023; adjusted NAV $17.11.
- Declared Q2 base dividend $0.46/share (record 6/14, pay 6/28) and Q1 supplemental $0.06/share (record 5/31, pay 6/20).
- Portfolio: $3.38B fair value, 92.3% first-lien, 99.6% floating rate; non-accrual 1.1% of fair value.