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TSLX Sixth Street Specialty Lending dividend history, payout ratio & dates

Sixth Street Specialty Lending's most recent quarterly dividend payment of $0.42 per share was made to shareholders on record before Sep 14, 2022. The payout stands at $1.76 per share annually, which works out to a dividend yield of 10.77%. The latest TSLX stock dividend of $0.42 is an increase from the previous $0.41 distribution, representing a growth of 2.4%.

Key dates

  • TSLX last dividend date: Sep 14, 2022
  • TSLX next dividend date: Not announced
TSLX dividend stats
DPS
$1.76
Dividend yield
10.77%
Payout ratio
105.4%
vs. Financial Services sector
Dividend yield
2.95%
Payout ratio
30.2%

Dividend yield

What is Sixth Street Specialty Lending current dividend yield

Sixth Street Specialty Lending's dividend yield of 10.77% is above the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 2.95%, Sixth Street Specialty Lending's dividend yield is 265% higher. The current dividend yield is more than the historical average of 6.5% of the last 5 years.

Dividend history

What is TSLX dividend payout history and dates

Sixth Street Specialty Lending has been paying dividends for the last eight years. According to our data TSLX has issued eight dividends in the last twelve months. The annualized DPS has an increase of 7% for the last year. And since the stock price has gone down by 27% from a year ago, the dividend yield has an increase of 48%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 14, 2022 Sep 30, 2022 Aug 2, 2022 $0.42 normal
Jun 14, 2022 Jul 15, 2022 May 3, 2022 $0.41 normal
May 27, 2022 Jun 30, 2022 May 3, 2022 $0.04 normal
Mar 14, 2022 Apr 18, 2022 Feb 17, 2022 $0.41 normal
Feb 25, 2022 Mar 31, 2022 Feb 17, 2022 $0.11 special
Dec 14, 2021 Jan 14, 2022 Nov 2, 2021 $0.41 normal
Dec 6, 2021 Dec 20, 2021 Nov 2, 2021 $0.5 special
Nov 29, 2021 Dec 31, 2021 Nov 2, 2021 $0.07 normal
Sep 14, 2021 Oct 15, 2021 Aug 3, 2021 $0.41 normal
Aug 30, 2021 Sep 30, 2021 Aug 3, 2021 $0.02 special
Jun 14, 2021 Jul 15, 2021 May 4, 2021 $0.41 normal
May 27, 2021 Jun 30, 2021 May 4, 2021 $0.06 special
Mar 24, 2021 Apr 8, 2021 Feb 17, 2021 $1.25 special
Mar 12, 2021 Apr 15, 2021 Feb 17, 2021 $0.41 normal
Feb 25, 2021 Mar 31, 2021 Feb 17, 2021 $0.05 special
Dec 14, 2020 Jan 15, 2021 Nov 4, 2020 $0.41 normal
Nov 27, 2020 Dec 31, 2020 Nov 4, 2020 $0.1 special
Sep 14, 2020 Oct 15, 2020 Aug 4, 2020 $0.41 normal
Jun 12, 2020 Jul 15, 2020 Feb 19, 2020 $0.25 special
Jun 12, 2020 Jul 15, 2020 May 5, 2020 $0.41 normal
Apr 14, 2020 Apr 30, 2020 Feb 19, 2020 $0.25 special
Mar 12, 2020 Apr 15, 2020 Feb 19, 2020 $0.41 normal
Feb 27, 2020 Mar 31, 2020 Feb 19, 2020 $0.06 normal
Dec 12, 2019 Jan 15, 2020 Nov 5, 2019 $0.39 normal
Nov 27, 2019 Dec 31, 2019 Nov 5, 2019 $0.08 normal
Sep 12, 2019 Oct 15, 2019 Jul 31, 2019 $0.39 normal
Aug 29, 2019 Sep 30, 2019 Jul 31, 2019 $0.04 normal
Jun 13, 2019 Jul 15, 2019 May 2, 2019 $0.39 normal
May 30, 2019 Jun 28, 2019 May 2, 2019 $0.01 normal
Mar 14, 2019 Apr 15, 2019 Feb 20, 2019 $0.39 normal
Feb 27, 2019 Mar 29, 2019 Feb 20, 2019 $0.12 special
Dec 13, 2018 Jan 15, 2019 Nov 6, 2018 $0.39 normal
Nov 29, 2018 Dec 31, 2018 Nov 6, 2018 $0.05 special
Sep 13, 2018 Oct 15, 2018 Aug 1, 2018 $0.39 normal
Aug 30, 2018 Sep 28, 2018 Aug 1, 2018 $0.08 normal
Jun 14, 2018 Jul 13, 2018 May 3, 2018 $0.39 normal
May 30, 2018 Jun 29, 2018 May 3, 2018 $0.06 normal
Mar 14, 2018 Apr 13, 2018 Feb 21, 2018 $0.39 normal
Feb 27, 2018 Mar 30, 2018 Feb 21, 2018 $0.03 special
Dec 14, 2017 Jan 12, 2018 Nov 7, 2017 $0.39 normal
Nov 29, 2017 Dec 29, 2017 Nov 7, 2017 $0.06 special
Sep 14, 2017 Oct 13, 2017 Aug 2, 2017 $0.39 normal
Aug 29, 2017 Sep 29, 2017 Aug 2, 2017 $0.09 normal
Jun 13, 2017 Jul 14, 2017 May 3, 2017 $0.39 normal
May 26, 2017 Jun 30, 2017 May 3, 2017 $0.04 normal
Apr 5, 2017 Apr 28, 2017 Feb 22, 2017 $0.39 normal
Dec 28, 2016 Jan 31, 2017 Nov 7, 2016 $0.39 normal
Sep 28, 2016 Oct 31, 2016 Aug 3, 2016 $0.39 normal

Sixth Street Specialty Lending dividend payout ratio

What is Sixth Street Specialty Lending dividend payout ratio compared to the sector

Payout ratio

Sixth Street Specialty Lending's payout ratio of 105.4% is above the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 30.2%, Sixth Street Specialty Lending's payout ratio is 249% higher.

Total amount of dividends paid per financial year (from cash flow)

TSLX dividend vs peer dividends

How does TSLX dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
OFS OFS Capital Corp 13.44% $1.11 50.2%
TSLX Sixth Street Specialty Lending Inc 10.77% $1.76 105.4%

Frequently asked questions

Does Sixth Street Specialty Lending pay a dividend?

Yes, Sixth Street Specialty Lending has paid eight dividends in the last 12 months. TSLX has been paying dividends since 2014.

When was TSLX's last dividend?

Sixth Street Specialty Lending's last regular dividend was on Sep 14, 2022 (ex-date) with the amount of $0.42 per share.

How much dividend does Sixth Street Specialty Lending pay (per share)?

On an annual basis TSLX pays $1.76 per share.

What is Sixth Street Specialty Lending's dividend yield?

Currently Sixth Street Specialty Lending's dividend yield is 10.77%.

What is Sixth Street Specialty Lending's dividend payout ratio?

The dividend payout ratio of Sixth Street Specialty Lending is 105.4%.

Does Sixth Street Specialty Lending pay a good dividend?

Sixth Street Specialty Lending's dividend yield is more than the Financial Services sector average.