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Stock impact report

Sixth Street Specialty Lending: 1.06x Coverage, First Lien Focus, Strong Dividend [Seeking Alpha]

Sixth Street Specialty Lending, Inc. (TSLX) 
Last sixth street specialty lending, inc. earnings: 2/19 04:05 pm Check Earnings Report
US:NYSE Investor Relations: tpgspecialtylending.com
Company Research Source: Seeking Alpha
TSLX maintains 106% dividend coverage, has a low 0.6% non-accrual percentage, and 89% first lien exposure, supporting resilience in a lower-rate environment. TSLX is moving slightly more funds into higher-risk, higher-yielding structured credit investments to boost its income prospects and diversify its portfolio. Shares trade at a 27% premium to NAV, justified by strong coverage and credit profile, with the potential to reach a 1.30-1.35x NAV multiple if balance sheet quality doesn't deteriorate. I see minimal risk of a 2026 dividend cut, given excess coverage and prudent loan origination despite Fed rate cut risks. cagkansayin/iStock via Getty Images Sixth Street Specialty Lending ( TSLX ) is a premier BDC that offers investors a healthy combination of a first lien-focused investment portfolio, strong balance sheet quality, and high dividend income that is supported by high net investment income. The This article was written by Analyst's Disclosure: I/we have a benefi Show less Read more
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