Loading...
•
Dec 31, 2022
Sixth Street Q4 2022 Earnings Report
Reported full year and fourth quarter 2022 earnings results and declared a $0.01 per share increase in first quarter base dividend and a fourth quarter supplemental dividend of $0.09 per share.
Key Takeaways
Sixth Street Specialty Lending, Inc. reported net investment income of $0.65 per share and net income of $0.57 per share for the quarter ended December 31, 2022. The company's net investment income in the fourth quarter was driven by higher fees from elevated repayment activity, as well as a robust level of interest income from the strength in the core earnings power of the portfolio.
Net investment income per share for Q4 2022 was $0.65, while adjusted net investment income per share was $0.64.
Net income per share for Q4 2022 was $0.57, with adjusted net income per share at $0.56.
Reported net asset value (NAV) per share was $16.48 at December 31, 2022.
The Board of Directors increased its quarterly base dividend by $0.01 per share to $0.46 per share and announced a fourth quarter supplemental dividend of $0.09 per share.
Forward Guidance
The Company announced that its Board of Directors has increased its quarterly base dividend, raising this figure by $0.01 per share to $0.46 per share to shareholders of record as of March 15, and payable on March 31. The Board also announced a fourth quarter supplemental dividend of $0.09 per share to shareholders of record as of February 28, 2023, payable on March 20, 2023.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...