NCDL Dividend History & Analysis | 15.4% Yield

NCDL has a dividend yield of 15.4% and paid 2.58 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 15.39%
Payout Ratio 100.6%
Growth Rate CAGR 5y 11.90%
Consistency Lifetime 100.0%
Yield on Cost 5y 19.63%
Payout FCF 74.0%
Streak Years 1
Dividend Rating 67.52%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
Payout Yield (right) Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Asset Management & Custody Banks

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
ECC 533 M 28.42% 36.07%
ECAT 1,511 M 23.72% 35.41%
BCAT 1,615 M 23.57% 33.83%
OXSQ 119 M 23.31% 24.35%
CION 330 M 17.85% 32.41%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
FSCO 1,026 M 105.43% 90.0%
OWL 14,702 M 60.14% 100.0%
BXSL 5,588 M 55.26% 90.8%
ECAT 1,511 M 43.41% 100.0%
VCTR 5,149 M 38.32% 100.0%
NCDL Dividend History: Last 15 Payments (USD) as of May 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-30 2026-06-30 2026-07-28 Quarterly 0.38 -5% N/A
2026-03-31 2026-03-31 2026-04-28 Quarterly 0.4 -11.1% 3.17%
2025-12-31 2025-12-31 2026-01-27 Quarterly 0.45 0% 3.36%
2025-09-30 2025-09-30 2025-10-28 Quarterly 0.45 0% 3.24%
2025-08-25 2025-08-25 2025-10-28 Quarterly 0.45 0% 2.8%
2025-06-30 2025-06-30 2025-07-28 Quarterly 0.45 0% 2.81%
2025-03-31 2025-03-31 2025-04-28 Quarterly 0.45 +350% 2.67%
2025-02-12 2025-02-12 2025-04-28 Other 0.1 -77.8% 0.58%
2024-12-31 2024-12-31 2025-01-28 Quarterly 0.45 +350% 2.72%
2024-11-08 2024-11-11 2025-01-28 Other 0.1 -77.8% 0.59%
2024-09-30 2024-09-30 2024-10-28 Quarterly 0.45 +350% 2.58%
2024-08-12 2024-08-12 2024-10-28 Other 0.1 -77.8% 0.59%
2024-06-28 2024-06-28 2024-07-29 Quarterly 0.45 +350% 2.6%
2024-05-10 2024-05-13 2024-07-28 Other 0.1 -77.8% 0.56%
2024-03-27 2024-03-30 2024-04-29 Quarterly 0.45 0% 2.58%

NCDL Dividend FAQ

What is the Dividend Yield of NCDL?

As of May 2026, NCDL's dividend yield is 15.39%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.58 USD by the current share price of 12.98.

Does NCDL pay a dividend?

As of May 2026, NCDL paid a dividend of 2.58 USD in the last 12 months. The last dividend was paid on 2026-06-30 and the payout was 0.38 USD.

How often does NCDL pay dividends?

NCDL pays dividends quarterly. Over the last 12 months, NCDL has issued 6 dividend payments. The last dividend payment was made on 2026-06-30.

NCDL dividend forecast

Based on historical data, the forecasted dividends per share for NCDL for the next payments are between 0.46 (+21.1%) and 0.508 (+33.7%). This represents a strong dividend growth compared to the last payment. The expected Yield for the next 12 months is about 14.7%.

Will NCDL pay dividends in 2026?

The latest dividend paid per share was 0.38 USD with an Ex-Dividend Date of 2026-06-30. The next Ex-Dividend date for Nuveen Churchill Direct (NCDL) is 2026-06-30.

What is the next Ex-Dividend Date for NCDL?

The next Ex-Dividend date for Nuveen Churchill Direct (NCDL) is 2026-06-30.

What is the Dividend Growth of NCDL?

NCDL's average dividend growth rate over the past 5 years is 11.9% per year. Strong growth: NCDL's dividend growth is outpacing inflation.

What is the Yield on Cost of NCDL?

NCDL's 5-Year Yield on Cost is 19.6%. If you bought NCDL's shares at 13.14 USD five years ago, your current annual dividend income (2.58 USD per share, trailing 12 months) equals 19.6% of your original purchase price.

What is the Payout Consistency of NCDL?

NCDL Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Nuveen Churchill Direct has a strong track record of consistent dividend payments over its lifetime.

Does NCDL have a good Dividend Yield?

NCDL's 15.39% Dividend Yield is considered as extremely high. Investors should watch out for NAV decline.

What is the Dividend Payout Ratio of NCDL?

The Dividend Payout Ratio of NCDL is 100.6%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of NCDL?

NCDL's Overall Dividend Rating is 67.52%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NCDL Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.
What is the Trend in NCDL's Outstanding Shares?

Nuveen Churchill Direct's outstanding shares have increased by approximately 8.34% annually over the past 3 years (Trend Reliability: -44.9%). Significant dilution: Heavy share issuance is diluting existing shareholders. Even if total dividends paid increase, your dividend per share may stagnate or decline.

Has NCDL ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2019 4,000,000 0%
2020 8,414,000 +110.35%
2021 17,944,200 +113.27%
2022 28,650,500 +59.66%
2023 41,242,100 +43.95%
2024 54,118,400 +31.22%
2025 49,387,100 -8.74%
2026 49,387,100 0%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-05-22 02:51 UTC