Sixth Street Lending: You Can Get A 9% Yield, But The Stock Is No Bargain
TSLXSixth Street Specialty Lending(TSLX) Seeking Alpha·2024-06-22 13:56
marchmeena29 Sixth Street Lending Inc. (NYSE:TSLX) is a well-managed business development company which a First Lien-centric, floating-rate investment portfolio, strong originations in the first quarter and a dividend yield of 9% that is covered by the BDC’s net investment income. The central bank last week essentially guided for a higher-for-longer rate environment which might aid the BDC’s growth in the short-term. In the long-term, though, I don’t anticipate much growth in net investment income. Taki ...