Sixth Street Specialty Lending, Inc. reported a strong second quarter, driven by the core earnings power of its portfolio and higher interest rates. The company declared a third quarter base dividend of $0.46 per share and a second quarter supplemental dividend of $0.06 per share.
Net investment income was $0.59 per share, and net income was $0.51 per share.
Adjusted net investment income was $0.58 per share, and adjusted net income was $0.50 per share, excluding the impact of capital gains incentive fee expenses.
NAV per share was $17.19 at June 30, 2024, compared to $17.17 at March 31, 2024.
New investment commitments totaled $231.0 million.
The company did not include forward guidance in the report.
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