tiprankstipranks

Sixth Street reports Q4 NII 62c, consensus 58c

Reported net asset value (NAV) per share was $17.04 at December 31, 2023 as compared to $16.97 at September 30, 2023. The Company announced that its Board of Directors has declared a first quarter 2024 base dividend of $0.46 per share to shareholders of record as of March 15, 2024 and payable on March 28, 2024. The Board also announced a fourth quarter supplemental dividend of $0.08 per share to shareholders of record as of February 29, 2024, payable on March 20, 2024. Adjusted for the impact of the supplemental dividend related to this quarter’s earnings, the Company’s Q4 adjusted NAV per share was $16.96. The primary drivers of this year’s NAV per share growth were the over-earning of our base dividend through net investment income, accretive capital markets transactions, and realized and unrealized gains on investments.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on TSLX:

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue