Sixth Street Specialty Lending, Inc.

Sixth Street Specialty Lending, Inc.

TSLXยทNYSE

$17.27

-4.1%
Financial ServicesAsset Management

Sixth Street Specialty Lending, Inc. (NYSE: TSLX) is a business development company. The fund provides senior secured loans (first-lien, second-lien, and unitranche), unsecured loans, mezzanine debt, and investments in corporate bonds and equity securities and structured products, non-control structured equity, and common equity with a focus on co-investments for organic growth, acquisitions, market or product expansion, restructuring initiatives, recapitalizations, and refinancing. The fund invests in business services, software & technology, healthcare, energy, consumer & retail, manufacturing, industrials, royalty related businesses, education, and specialty finance. It seeks to finance and lending to middle market companies principally located in the United States. The fund invests in companies with enterprise value between $50 million and $1 billion or more and EBITDA between $10 million and $250 million. The transaction size is between $15 million and $350 million. The fund invests across the spectrum of the capital structure and can arrange syndicated transactions of up to $500 million and hold sizeable positions within its credits.

At a Glance

Live Snapshot
Market Cap$1.64B
EPS1.8100
P/E Ratio9.54
Earnings Date07/29/2026
2241.79%
Dividend Yield
109835%
3Y+86603.0%
5Y+123360.0%
10Y+109352.0%
95.07%
Dividend Payout Ratio
-32%
3Y+31.0%
5Y+102.0%
10Y+134.0%
3Y+101219.0%
5Y+146535.0%
10Y+193174.0%
Sixth Street Specialty Lending, Inc.

Sixth Street Specialty Lending, Inc. Dividend History

TSLX ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

TSLX Dividend Payment History

TSLX ยท NYSE

Total Payments

50

Latest Dividend

$0.4200

Annual Amount

$2.3500

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 5, 2026
Jun 15, 2026Jun 30, 2026
$0.4200
$0.4200
Quarterly-8.70%
Feb 12, 2026
Mar 16, 2026Mar 31, 2026
$0.4600
$0.4600
Quarterly+4500.00%
Feb 12, 2026
Feb 27, 2026Mar 20, 2026
$0.0100
$0.0100
Quarterly-97.83%
Nov 21, 2025
Dec 15, 2025Dec 31, 2025
$0.4600
$0.4600
Quarterly+1433.33%
Nov 4, 2025
Nov 28, 2025Dec 19, 2025
$0.0300
$0.0300
Quarterly-93.48%
Jul 30, 2025
Sep 15, 2025Sep 30, 2025
$0.4600
$0.4600
Quarterly+820.00%
Jul 30, 2025
Aug 29, 2025Sep 19, 2025
$0.0500
$0.0500
Quarterly-89.13%
Apr 30, 2025
Jun 16, 2025Jun 30, 2025
$0.4600
$0.4600
Quarterly+666.67%
Apr 30, 2025
May 30, 2025Jun 20, 2025
$0.0600
$0.0600
Quarterly-86.96%
Feb 13, 2025
Mar 14, 2025Mar 31, 2025
$0.4600
$0.4600
Quarterly+557.14%
N/A
Feb 28, 2025Mar 20, 2025
$0.0700
$0.0700
Quarterly-84.78%
N/A
Dec 16, 2024Dec 31, 2024
$0.4600
$0.4600
Quarterly+820.00%
N/A
Nov 29, 2024Dec 20, 2024
$0.0500
$0.0500
Quarterly-89.13%
Jul 31, 2024
Sep 16, 2024Sep 30, 2024
$0.4600
$0.4600
Quarterly+666.67%
Jul 31, 2024
Aug 30, 2024Sep 20, 2024
$0.0600
$0.0600
Quarterly-86.96%
May 1, 2024
Jun 14, 2024Jun 28, 2024
$0.4600
$0.4600
Quarterly+666.67%
May 1, 2024
May 31, 2024Jun 20, 2024
$0.0600
$0.0600
Quarterly-86.96%
Feb 15, 2024
Mar 15, 2024Mar 28, 2024
$0.4600
$0.4600
Quarterly+475.00%
N/A
Feb 29, 2024Mar 20, 2024
$0.0800
$0.0800
Quarterly-82.61%
N/A
Dec 15, 2023Dec 29, 2023
$0.4600
$0.4600
Quarterly+557.14%
N/A
Nov 30, 2023Dec 20, 2023
$0.0700
$0.0700
Quarterly-84.78%
Aug 3, 2023
Sep 15, 2023Sep 29, 2023
$0.4600
$0.4600
Quarterly+666.67%
Aug 3, 2023
Aug 31, 2023Sep 20, 2023
$0.0600
$0.0600
Quarterly-86.96%
May 8, 2023
Jun 15, 2023Jun 30, 2023
$0.4600
$0.4600
Quarterly+1050.00%
May 8, 2023
May 31, 2023Jun 20, 2023
$0.0400
$0.0400
Quarterly-91.30%
Feb 16, 2023
Mar 15, 2023Mar 31, 2023
$0.4600
$0.4600
Quarterly+411.11%
N/A
Feb 28, 2023Mar 20, 2023
$0.0900
$0.0900
Quarterly-80.00%
N/A
Dec 15, 2022Dec 30, 2022
$0.4500
$0.4500
Quarterly+7.14%
Aug 2, 2022
Sep 15, 2022Sep 30, 2022
$0.4200
$0.4200
Quarterly+2.44%
May 3, 2022
Jun 15, 2022Jul 15, 2022
$0.4100
$0.4100
Quarterly+925.00%
May 3, 2022
May 31, 2022Jun 30, 2022
$0.0400
$0.0400
Quarterly-90.24%
Feb 17, 2022
Mar 15, 2022Apr 18, 2022
$0.4100
$0.4100
Monthly+272.73%
N/A
Feb 28, 2022Mar 31, 2022
$0.1100
$0.1100
Quarterly-73.17%
N/A
Dec 15, 2021Jan 14, 2022
$0.4100
$0.4100
Monthly+485.71%
N/A
Nov 30, 2021Dec 31, 2021
$0.0700
$0.0700
Quarterly-86.00%
N/A
Dec 7, 2021Dec 20, 2021
$0.5000
$0.5000
Quarterly+21.95%
Aug 3, 2021
Sep 15, 2021Oct 15, 2021
$0.4100
$0.4100
Quarterly+1950.00%
Aug 3, 2021
Aug 31, 2021Sep 30, 2021
$0.0200
$0.0200
Quarterly-95.12%
May 4, 2021
Jun 15, 2021Jul 15, 2021
$0.4100
$0.4100
Monthly+583.33%
May 4, 2021
May 28, 2021Jun 30, 2021
$0.0600
$0.0600
Quarterly-85.37%
Feb 17, 2021
Mar 15, 2021Apr 15, 2021
$0.4100
$0.4100
Quarterly-67.20%
Feb 17, 2021
Mar 25, 2021Apr 8, 2021
$1.2500
$1.2500
Monthly+2400.00%
Feb 17, 2021
Feb 26, 2021Mar 31, 2021
$0.0500
$0.0500
Quarterly-87.80%
Nov 4, 2020
Dec 15, 2020Jan 15, 2021
$0.4100
$0.4100
Quarterly+310.00%
Nov 4, 2020
Nov 30, 2020Dec 31, 2020
$0.1000
$0.1000
Quarterly-75.61%
Aug 4, 2020
Sep 15, 2020Oct 15, 2020
$0.4100
$0.4100
Quarterly-37.88%
Feb 19, 2020
Jun 15, 2020Jul 15, 2020
$0.6600
$0.6600
Quarterly+164.00%
Feb 19, 2020
Apr 15, 2020Apr 30, 2020
$0.2500
$0.2500
Monthly-39.02%
Feb 19, 2020
Mar 13, 2020Apr 15, 2020
$0.4100
$0.4100
Quarterly+583.33%
Feb 19, 2020
Feb 28, 2020Mar 31, 2020
$0.0600
$0.0600
Quarterly-
tslx

Sixth Street Specialty Lending, Inc. Payout Ratio Analysis

TSLX ยท NYSE
Dividends Paid
-170.32M
2025
Net Income
170.52M
2025
Payout Ratio
99.89%
2025

Dividend Sustainability Analysis

Payout Ratio
99.89%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
94.5%

Moderate FCF concern. Most free cash flow goes to dividends, limiting flexibility. Monitor CapEx needs and ensure FCF isn't declining.

Dividend Growth
-1.0%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Fair

Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.