---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-007040"
form_type: "8-K"
ticker: "NCDL"
cik: "0001737924"
company_name: "Nuveen Churchill Direct Lending Corp."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T12:19:39.239515+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nuveen Churchill Direct Lending Q4 NII $0.66, NAV $18.13; declares $0.55/share distribution

## Summary
- Net investment income per share $0.66 (Q4 2023) vs $0.62 prior quarter; net income per share $0.73.
- NAV per share $18.13 vs $17.96; declared Q4 distribution $0.55/share (12.0% annualized yield on NAV).
- Full-year 2023 investment income $161.8M vs $82.5M in 2022; weighted average yield on debt 11.9% (up from 10.9%).
- Portfolio fair value $1.6B across 179 companies; no loans on non-accrual as of Dec 31, 2023.
- Board declared Q1 2024 distribution $0.45/share plus four special distributions of $0.10 each.

## SEC filing metadata
- accession: 0001628280-24-007040
- form_type: 8-K
- ticker: NCDL
- cik: 0001737924
- company_name: Nuveen Churchill Direct Lending Corp.
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1737924/000162828024007040/0001628280-24-007040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1737924/000162828024007040/ncdlc-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-007040
- JSON: https://secwatch.observer/filing/0001628280-24-007040.json
- Plain text: https://secwatch.observer/filing/0001628280-24-007040.txt

## Key facts
- Earnings Releases
  Nuveen Churchill Direct Lending Corp. reported the three months ended December 31, 2023 results: net income Net income per share of $0.73, EPS $0.73.
  - Period: the three months ended December 31, 2023
  - Net income: Net income per share of $0.73
  - EPS: $0.73
  - Result: reported results
  source text: Net income per share of $0.73, compared to $0.58
  evidence_url: https://www.sec.gov/Archives/edgar/data/1737924/000162828024007040/0001628280-24-007040-index.htm
- Earnings Releases
  Nuveen Churchill Direct Lending Corp. reported the fourth quarter and fiscal year ended December 31, 2023 results: revenue $161.8 million.
  - Period: the fourth quarter and fiscal year ended December 31, 2023
  - Revenue: $161.8 million
  - Result: reported results
  source text: 0.74% at fair value) as of December 31, 2022. RESULTS OF OPERATIONS Investment Income Investment income, attributable to interest and fees on our debt investments, increased to $161.8 million for the year ended December 31, 2023, from $82.5 million for the prior year, primarily due to an increase in interest income from higher weighted average interest rates and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1737924/000162828024007040/0001628280-24-007040-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.