TSLX Dividend History & Analysis | 9.4% Yield

TSLX has a dividend yield of 9.4% and paid 1.99 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 9.38%
Payout Ratio 41.2%
Growth Rate CAGR 5y -13.07%
Consistency Lifetime 94.4%
Yield on Cost 5y 15.46%
Payout FCF 94.5%
Streak Years -
Dividend Rating 39.85%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
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.
Yield (right) Price (left) Avg Yield

Top Dividend Payers in Asset Management & Custody Banks

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
ECC 496 M 27.4% 41.7%
ECAT 1,333 M 22.1% 39.8%
BCAT 1,467 M 22.2% 38.2%
OXSQ 159 M 20.7% 23.8%
MSIF 573 M 10.6% 43.8%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
FSCO 1,023 M 105% 90.0%
OPFI 652 M 108% 100%
OWL 13,794 M 60.1% 100%
NOAH 784 M 70.2% 24.1%
BXSL 5,503 M 55.3% 90.8%

Quality Dividend Peers in Asset Management & Custody Banks

TYG
Tortoise Energy
11.40% Yield
BSTZ
BlackRock Science
12.56% Yield
BK
HQL
NTRS
Northern Trust
2.51% Yield
HQH
Tekla Healthcare
12.88% Yield

TSLX Dividend History: Last 50 Payments (USD) as of April 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-03-16 2026-03-16 2026-03-31 Quarterly 0.46 4500% 2.65%
2026-02-27 2026-02-27 2026-03-20 Other 0.01 -97.8% 0.06%
2025-12-15 2025-12-15 2025-12-31 Quarterly 0.46 1433.3% 2.08%
2025-11-28 2025-11-28 2025-12-19 Other 0.03 -93.5% 0.14%
2025-09-15 2025-09-15 2025-09-30 Quarterly 0.46 820% 1.89%
2025-08-29 2025-08-29 2025-09-19 Other 0.05 -89.1% 0.21%
2025-06-16 2025-06-16 2025-06-30 Quarterly 0.46 666.7% 2%
2025-05-30 2025-05-30 2025-06-20 Other 0.06 -87% 0.26%
2025-03-14 2025-03-14 2025-03-31 Quarterly 0.46 557.1% 2.12%
2025-02-28 2025-02-28 2025-03-20 Other 0.07 -84.8% 0.3%
2024-12-16 2024-12-16 2024-12-31 Quarterly 0.46 820% 2.2%
2024-11-29 2024-11-29 2024-12-20 Quarterly 0.05 -89.1% 0.24%
2024-09-16 2024-09-16 2024-09-30 Quarterly 0.46 666.7% 2.2%
2024-08-30 2024-08-30 2024-09-20 Quarterly 0.06 -87% 0.28%
2024-06-14 2024-06-14 2024-06-28 Quarterly 0.46 666.7% 2.19%
2024-05-31 2024-05-31 2024-06-20 Quarterly 0.06 -87% 0.27%
2024-03-14 2024-03-15 2024-03-28 Quarterly 0.46 475% 2.21%
2024-02-28 2024-02-29 2024-03-20 Quarterly 0.08 -82.6% 0.37%
2024-02-14 2024-02-15 2024-02-28 Quarterly 0.46 0% 2.13%
2023-12-14 2023-12-15 2023-12-29 Quarterly 0.46 557.1% 2.17%
2023-11-29 2023-11-30 2023-12-20 Quarterly 0.07 -84.8% 0.33%
2023-09-14 2023-09-15 2023-09-29 Quarterly 0.46 666.7% 2.28%
2023-08-30 2023-08-31 2023-09-20 Other 0.06 -87% 0.3%
2023-06-14 2023-06-15 2023-06-30 Quarterly 0.46 1050% 2.46%
2023-05-30 2023-05-31 2023-06-20 Other 0.04 -91.3% 0.22%
2023-03-14 2023-03-15 2023-03-31 Quarterly 0.46 411.1% 2.67%
2023-02-27 2023-02-28 2023-03-20 Other 0.09 -80% 0.47%
2022-12-14 2022-12-15 2022-12-30 Quarterly 0.45 7.1% 2.53%
2022-09-14 2022-09-15 2022-09-30 Quarterly 0.42 2.4% 2.3%
2022-06-14 2022-06-15 2022-07-15 Quarterly 0.41 925% 2.19%
2022-05-27 2022-05-31 2022-06-30 Other 0.04 -90.2% 0.19%
2022-03-14 2022-03-15 2022-04-18 Quarterly 0.41 272.7% 1.8%
2022-02-25 2022-02-28 2022-03-31 Quarterly 0.11 -73.2% 0.48%
2021-12-14 2021-12-15 2022-01-14 Quarterly 0.41 -18% 1.79%
2021-12-06 2021-12-07 2021-12-20 Other 0.5 614.3% 2.13%
2021-11-29 2021-11-30 2021-12-31 Other 0.07 -82.9% 0.29%
2021-09-14 2021-09-15 2021-10-15 Quarterly 0.41 1950% 1.86%
2021-08-30 2021-08-31 2021-09-30 Other 0.02 -95.1% 0.09%
2021-06-14 2021-06-15 2021-07-15 Quarterly 0.41 583.3% 1.85%
2021-05-27 2021-05-28 2021-06-30 Other 0.06 -95.2% 0.27%
2021-03-24 2021-03-25 2021-04-08 Other 1.25 204.9% N/A
2021-03-12 2021-03-15 2021-04-15 Quarterly 0.41 720% N/A
2021-02-25 2021-02-26 2021-03-31 Other 0.05 -87.8% N/A
2020-12-14 2020-12-15 2021-01-15 Quarterly 0.41 310% N/A
2020-11-27 2020-11-30 2020-12-31 Other 0.1 -75.6% N/A
2020-09-14 2020-09-15 2020-10-15 Quarterly 0.41 -37.9% N/A
2020-06-12 2020-06-15 2020-07-15 Other 0.66 164% N/A
2020-04-14 2020-04-15 2020-04-30 Other 0.25 -39% N/A
2020-03-12 2020-03-13 2020-04-15 Quarterly 0.41 583.3% N/A
2020-02-27 2020-02-28 2020-03-31 Quarterly 0.06 0% N/A

TSLX Dividend FAQ

Sixth Street Specialty Lending, Inc. (NYSE: TSLX) is a Business Development Company that originates and manages a diversified portfolio of senior secured, unsecured and mezzanine loans, as well as corporate bonds, equity securities and structured products, primarily targeting U.S. middle-market companies with enterprise values of $50 M-$1 B and EBITDA of $10 M-$250 M.

What is the Dividend Yield of TSLX?

As of April 2026, TSLX`s dividend yield is 9.38%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.99 USD by the current share price of 18.38.

Does TSLX pay a dividend?

As of April 2026, TSLX paid a dividend of 1.99 USD in the last 12 months. The last dividend was paid on 2026-03-16 and the payout was 0.46 USD.

How often does TSLX pay dividends?

TSLX pays dividends quarterly. Over the last 12 months, TSLX has issued 8 dividend payments. The last dividend payment was made on 2026-03-16.

TSLX dividend forecast

Based on historical data, the forecasted dividends per share for TSLX for the next payments are between 0.231 (-49.8%) and 0.283 (-38.5%). This represents a significant dividend cut compared to the last payment. The expected Yield for the next 12 months is about 5.60%.

Will TSLX pay dividends in 2026?

The latest dividend paid per share was 0.46 USD with an Ex-Dividend Date of 2026-03-16. The next Ex-Dividend date for Sixth Street Specialty (TSLX) is currently unknown.

What is the next Ex-Dividend Date for TSLX?

The next Ex-Dividend date for Sixth Street Specialty (TSLX) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of TSLX?

TSLX's average dividend growth rate over the past 5 years is -13.1% per year.
Negative growth: TSLX's Dividend growth is negative and declining.

What is the Yield on Cost of TSLX?

TSLX's 5-Year Yield on Cost is 15.5%. If you bought TSLX's shares at 12.87 USD five years ago, your current annual dividend income (1.99 USD per share, trailing 12 months) equals 15.5% of your original purchase price.

What is the Payout Consistency of TSLX?

TSLX Payout Consistency is 94.4%. 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: Sixth Street Specialty has a strong track record of consistent dividend payments over its lifetime.

Does TSLX have a good Dividend Yield?

TSLX`s 9.38% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of TSLX?

The Dividend Payout Ratio of TSLX is 41.2%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of TSLX?

TSLX`s Overall Dividend Rating is 39.85%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

TSLX Outstanding Shares Analysis

What is the Trend in TSLX's Outstanding Shares?

Sixth Street Specialty's outstanding shares have increased by approximately 3.84% annually over the past 3 years (Trend Reliability: 100.0%).

Watch carefully: The company is issuing new shares, diluting existing shareholders. Dividend growth may lag earnings growth as payouts are spread across more shares.

Has TSLX ever had a Stock Split?

Yes, the last stock split was on Dec 3, 2013 with a ratio of 66:1.

This was a forward split: Each share became 66 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
2011 17,318,300
2012 34,635,200 +99.99%
2013 51,887,700 +49.81%
2014 53,959,800 +3.99%
2015 59,225,700 +9.76%
2016 59,839,000 +1.04%
2017 64,167,000 +7.23%
2018 65,595,400 +2.23%
2019 66,656,300 +1.62%
2020 77,356,500 +16.05%
2021 80,515,400 +4.08%
2022 81,389,300 +1.09%
2023 87,829,500 +7.91%
2024 92,529,700 +5.35%
2025 94,705,200 +2.35%

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: 2026-03-28 02:37