earnings
confidence high
sentiment positive
materiality 0.70
TSLX Q3 adj NII $0.55/sh, NAV $17.18; declares $0.50 special dividend
Sixth Street Specialty Lending, Inc.
2022-Q3 EPS reported
$2.19
- Q3 adj net investment income per share $0.55; adj net income per share $0.80; annualized ROE on adj NII 13.0%.
- NAV per share $17.18 at Sep 30, up from $16.85 at Jun 30; pro forma NAV $16.61 after special dividend.
- Declared $0.41 base Q4 div, $0.07 supplemental Q3 div, and $0.50 special dividend; combined LTM total $3.59/sh.
- Amended stock repurchase program to begin buys when stock trades below 1.05x pro forma NAV (was 1.0x).
- New investment commitments $105.4M, fundings $65.4M; portfolio fair value $2,406.5M; debt/equity 0.90x.