NCDL
Nuveen Churchill Direct Lending
dividend history, payout ratio & dates
- Stocks
- Financial Services
- NYSE: NCDL
- Dividend
Last dividend date: Mar 31, 2026
Dividend yield: 13.5%
Payout ratio: 115.9%
Nuveen Churchill Direct Lending's last dividend was on Mar 31, 2026 (ex-date) with a distribution of $0.4 per share. At an annualized rate of $1.75 per share, the stock yields 13.79%. The latest dividend marks a decrease of $0.05, or 11% from the previous dividend.
NCDL dividend stats
vs. Financial Services sector
Nuveen Churchill Direct Lending Dividend yield
Nuveen Churchill Direct Lending's dividend yield of 13.79% is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.74%, Nuveen Churchill Direct Lending's dividend yield is 403% higher.
NCDL Dividend history
Nuveen Churchill Direct Lending has been paying dividends since 2024. NCDL has issued four dividends in the last twelve months. The annualized DPS marks a decrease of 20% since one year ago. However with the stock price down by 21% from a year ago, the dividend yield marks an increase of 0.4%.
Nuveen Churchill Direct Lending Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Mar 31, 2026 | $0.4 | 13.76% |
| Dec 31, 2025 | $0.45 | 14.24% |
| Sep 30, 2025 | $0.45 | 14.49% |
| Jun 30, 2025 | $0.45 | 12.97% |
| Mar 31, 2025 | $0.45 | 12.96% |
| Feb 12, 2025 | $0.1 | 12.69% |
| Dec 31, 2024 | $0.45 | 12.51% |
| Nov 8, 2024 | $0.1 | 9.66% |
| Sep 30, 2024 | $0.45 | 8.9% |
| Aug 12, 2024 | $0.1 | 6.69% |
| Jun 28, 2024 | $0.45 | 5.75% |
| May 10, 2024 | $0.1 | 3.15% |
| Mar 27, 2024 | $0.45 | 2.62% |
Nuveen Churchill Direct Lending dividend payout ratio
Payout ratio
Nuveen Churchill Direct Lending's payout ratio of 115.9% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 33.7%, Nuveen Churchill Direct Lending's payout ratio is 244% higher.
Total amount of dividends paid per financial year (from cash flow)
NCDL dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TCPC BlackRock TCP Capital Corp | 26.25% | $1 | N/A |
| FSK FS KKR Capital Corp | 23.52% | $2.58 | N/A |
| PSEC Prospect Capital Corp | 23.25% | $0.53 | N/A |
| PNNT Pennantpark Investment Corp | 20.84% | $0.84 | 420% |
| GSBD Goldman Sachs BDC Inc | 19.21% | $1.75 | 269.2% |
| NCDL Nuveen Churchill Direct Lending Corp | 13.5% | $1.75 | 115.9% |
| SLRC SLR Investment Corp | 12.47% | $1.64 | 100% |
| HTGC Hercules Capital Inc | 12.07% | $1.88 | 103.3% |
| ARCC Ares Capital Corp | 10.16% | $1.92 | 117.8% |
| MAIN Main Street Capital CORP | 8.23% | $4.28 | 90.1% |
Frequently asked questions
Does Nuveen Churchill Direct Lending pay a dividend?
Yes, Nuveen Churchill Direct Lending has been paying dividends for the last two years.
When was NCDL's last dividend?
Nuveen Churchill Direct Lending's last dividend ex-date was on Mar 31, 2026. The dividend amount was $0.4 per share.
How much dividend does Nuveen Churchill Direct Lending pay (per share)?
On an annual basis NCDL pays $1.75 per share.
What is Nuveen Churchill Direct Lending's dividend yield?
Nuveen Churchill Direct Lending's current dividend yield is 13.79%.
What is Nuveen Churchill Direct Lending's dividend payout ratio?
Nuveen Churchill Direct Lending's dividend payout ratio is 115.9%.
Does Nuveen Churchill Direct Lending pay a good dividend?
Nuveen Churchill Direct Lending's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield.