TSLX Sixth Street Specialty Lending dividend history, payout ratio & dates
Sixth Street Specialty Lending's most recent dividend payment of $0.46 per share was made to shareholders on record before Sep 16, 2024. The payout stands at $2.57 per share annually, which works out to a dividend yield of 12.5%.
Key dates
- TSLX last dividend date: Sep 16, 2024
TSLX dividend stats
vs. Financial Services sector
Dividend yield
Sixth Street Specialty Lending's dividend yield of 12.5% is above the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 2.58%, Sixth Street Specialty Lending's dividend yield is 384% higher. The current dividend yield is more than the historical average of 11.4% of the last 5 years.
Dividend history
Sixth Street Specialty Lending has been paying dividends for the last ten years. According to our data TSLX has issued nine dividends in the last twelve months. The annualized DPS has an increase of 27% for the last year. And since the stock price has gone down by 2.1% from a year ago, the dividend yield has an increase of 30%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 16, 2024 | $0.46 | 12.31% |
| Aug 30, 2024 | $0.06 | 12.1% |
| Jun 14, 2024 | $0.46 | 12.23% |
| May 31, 2024 | $0.06 | 11.68% |
| Mar 14, 2024 | $0.46 | 12.42% |
| Feb 28, 2024 | $0.08 | 11.72% |
| Feb 14, 2024 | $0.46 | 11.58% |
| Dec 14, 2023 | $0.46 | 9.85% |
| Nov 29, 2023 | $0.07 | 10.07% |
| Sep 14, 2023 | $0.46 | 10.02% |
| Aug 30, 2023 | $0.06 | 9.82% |
| Jun 14, 2023 | $0.46 | 10.33% |
| May 30, 2023 | $0.04 | 10.22% |
| Mar 14, 2023 | $0.46 | 10.7% |
| Feb 27, 2023 | $0.09 | 9.58% |
| Dec 14, 2022 | $0.45 | 10.4% |
| Sep 14, 2022 | $0.42 | 13.08% |
| Jun 14, 2022 | $0.41 | 12.65% |
| May 27, 2022 | $0.04 | 11.3% |
| Mar 14, 2022 | $0.41 | 10.62% |
| Feb 25, 2022 | $0.11 | 15.6% |
| Dec 14, 2021 | $0.41 | 15.96% |
| Dec 6, 2021 | $0.5 | 13.62% |
| Nov 29, 2021 | $0.07 | 12.85% |
| Sep 14, 2021 | $0.41 | 14.14% |
| Aug 30, 2021 | $0.02 | 13.6% |
| Jun 14, 2021 | $0.41 | 13.87% |
| May 27, 2021 | $0.06 | 13.21% |
| Mar 24, 2021 | $1.25 | 14.95% |
| Mar 12, 2021 | $0.41 | 8.39% |
| Feb 25, 2021 | $0.05 | 8.68% |
| Dec 14, 2020 | $0.41 | 9.22% |
| Nov 27, 2020 | $0.1 | 9.01% |
| Sep 14, 2020 | $0.41 | 10.81% |
| Jun 12, 2020 | $0.25 | 10.63% |
| Apr 14, 2020 | $0.25 | 13.32% |
| Mar 12, 2020 | $0.41 | 10.24% |
| Feb 27, 2020 | $0.06 | 8.11% |
| Dec 12, 2019 | $0.39 | 8.43% |
| Nov 27, 2019 | $0.08 | 8.45% |
| Sep 12, 2019 | $0.39 | 8.62% |
| Aug 29, 2019 | $0.04 | 8.53% |
| Jun 13, 2019 | $0.39 | 9.13% |
| May 30, 2019 | $0.01 | 9.2% |
| Mar 14, 2019 | $0.39 | 9.48% |
| Feb 27, 2019 | $0.12 | 9.18% |
| Dec 13, 2018 | $0.39 | 9.17% |
| Nov 29, 2018 | $0.05 | 8.69% |
| Sep 13, 2018 | $0.39 | 8.9% |
| Aug 30, 2018 | $0.08 | 8.93% |
| Jun 14, 2018 | $0.39 | 9.96% |
| May 30, 2018 | $0.06 | 9.57% |
| Mar 14, 2018 | $0.39 | 12.08% |
| Feb 27, 2018 | $0.03 | 11.89% |
| Dec 14, 2017 | $0.39 | 10.57% |
| Nov 29, 2017 | $0.06 | 10.39% |
| Sep 14, 2017 | $0.39 | 10.43% |
| Aug 29, 2017 | $0.09 | 9.95% |
| Jun 13, 2017 | $0.39 | 9.68% |
| May 26, 2017 | $0.04 | 9.6% |
| Apr 5, 2017 | $0.39 | 9.58% |
| Mar 29, 2017 | $0.39 | 7.7% |
| Dec 28, 2016 | $0.39 | 8.5% |
| Sep 28, 2016 | $0.39 | 8.73% |
| Jun 28, 2016 | $0.39 | 9.44% |
| Mar 29, 2016 | $0.39 | 9.58% |
| Dec 29, 2015 | $0.39 | 9.45% |
| Sep 28, 2015 | $0.39 | 9.37% |
| Jun 26, 2015 | $0.39 | 8.86% |
| Mar 27, 2015 | $0.39 | 8.88% |
Sixth Street Specialty Lending dividend payout ratio
Payout ratio
Sixth Street Specialty Lending's payout ratio of 124.8% is above the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 44%, Sixth Street Specialty Lending's payout ratio is 184% higher.
Total amount of dividends paid per financial year (from cash flow)
TSLX dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| OFS OFS Capital Corp | 16.92% | $1.36 | N/A |
| OCSL Oaktree Specialty Lending Corp | 14.14% | $2.2 | 305.6% |
| TSLX Sixth Street Specialty Lending Inc | 12.5% | $2.57 | 124.8% |
Frequently asked questions
Does Sixth Street Specialty Lending pay a dividend?
Yes, Sixth Street Specialty Lending has paid nine 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 16, 2024 (ex-date) with the amount of $0.46 per share.
How much dividend does Sixth Street Specialty Lending pay (per share)?
On an annual basis TSLX pays $2.57 per share.
What is Sixth Street Specialty Lending's dividend yield?
Currently Sixth Street Specialty Lending's dividend yield is 12.5%.
What is Sixth Street Specialty Lending's dividend payout ratio?
The dividend payout ratio of Sixth Street Specialty Lending is 124.8%.
Does Sixth Street Specialty Lending pay a good dividend?
Sixth Street Specialty Lending's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.