Sixth Street Specialty Lending's most recent quarterly dividend payment of $0.46 per share was made to shareholders on record before Mar 14, 2023. The payout stands at $1.74 per share annually, which works out to a dividend yield of 9.56%. The latest TSLX stock dividend of $0.46 is an increase from the previous $0.45 distribution, representing a growth of 2.2%.
Sixth Street Specialty Lending's dividend yield of 9.56% is above the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 3.81%, Sixth Street Specialty Lending's dividend yield is 151% higher. The current dividend yield is more than the historical average of 6.7% of the last 5 years.
Sixth Street Specialty Lending has been paying dividends for the last nine years. According to our data TSLX has issued five dividends in the last twelve months. This includes four regular and one special dividends. The annualized DPS has decreased by 0.6% for the last year. However since the stock price has gone down by 14% from a year ago, the dividend yield has an increase of 15%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 14, 2023 | Mar 31, 2023 | Feb 16, 2023 | $0.46 | normal |
| Feb 27, 2023 | Mar 20, 2023 | Feb 16, 2023 | $0.09 | special |
| Dec 14, 2022 | Dec 30, 2022 | Nov 1, 2022 | $0.45 | normal |
| 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 | May 5, 2020 | $0.41 | normal |
| Jun 12, 2020 | Jul 15, 2020 | Feb 19, 2020 | $0.25 | special |
| 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's payout ratio of 117.6% is above the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 32.1%, Sixth Street Specialty Lending's payout ratio is 266% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| OFS OFS Capital Corp | 12.67% | $1.21 | N/A |
| TSLX Sixth Street Specialty Lending Inc | 9.56% | $1.74 | 117.6% |
Yes, Sixth Street Specialty Lending has paid five dividends in the last 12 months. TSLX has been paying dividends since 2014.
TSLX has announced its next dividend with ex-date Jun 14, 2023.
Sixth Street Specialty Lending's last regular dividend was on Mar 14, 2023 (ex-date) with the amount of $0.46 per share.
On an annual basis TSLX pays $1.74 per share.
Currently Sixth Street Specialty Lending's dividend yield is 9.56%.
Sixth Street Specialty Lending pays four dividends per year (excluding specials).
The dividend payout ratio of Sixth Street Specialty Lending is 117.6%.
Sixth Street Specialty Lending's dividend yield is more than the Financial Services sector average.