Carlyle Secured Lending, Inc. Announces Financial Results For Second Quarter Ended June 30, 2026, Declares Third Quarter 2026 Dividend of $0.35 Per Common Share
Rhea-AI Summary
Carlyle Secured Lending (NASDAQ: CGBD) reported second-quarter 2026 Net Investment Income and Adjusted Net Investment Income of $0.35 per common share. Net asset value per share decreased 1.8% to $15.61 from $15.89 on March 31, 2026, while the total fair value of investments rose to $2.4 billion as of June 30, 2026.
On July 29, 2026, CGBD’s Board declared a third-quarter 2026 dividend of $0.35 per common share, payable October 16, 2026 to shareholders of record on September 30, 2026. The company highlighted continued ramp-up of its fee-free joint venture complex and outlined its use of a non-GAAP Adjusted Net Investment Income metric linked to acquired assets from the CSL III merger.
Positive
- Net Investment Income of $0.35 per common share in Q2 2026
- Adjusted Net Investment Income also $0.35 per common share in Q2 2026
- Quarterly dividend of $0.35 per common share declared for Q3 2026
- Total fair value of investments increased to $2.4 billion as of June 30, 2026
- $11.2 billion in aggregate debt and equity investments since May 2013
- Carlyle platform provides external management and advisory support via Carlyle Global Credit Investment Management
Negative
- Net asset value per share declined 1.8% in Q2 2026 to $15.61
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CGBD” or the “Company”) (NASDAQ: CGBD) today announced its financial results for its second quarter ended June 30, 2026.
Alex Chi, CGBD’s Chief Executive Officer, said, “CGBD had another strong quarter of earnings in the second quarter, with full coverage on the updated quarterly dividend and low non-accruals. We continued to ramp our fee-free joint venture complex, achieving high-teens returns at both investment funds during the second quarter. Looking to the second half of the year, we are focused on continuing to deliver stable income and consistent credit performance, while taking share in the broader direct lending market by leveraging the OneCarlyle platform.”
For the second quarter of 2026, we reported
Net asset value per common share decreased by
Dividends
On July 29, 2026, the Board of Directors declared a quarterly common dividend of
Conference Call
The Company will host a conference call at 11:00 a.m. (Eastern Time) on Friday, August 7, 2026 to discuss these financial results. The conference call will be available via public webcast via a link on our website and will also be available on our website soon after the call’s completion.
Non-GAAP Financial Measures
On a supplemental basis, we are disclosing Adjusted Net Investment Income Per Common Share, which is calculated and presented on a basis other than in accordance with GAAP (“non-GAAP”). We use this non-GAAP financial measure internally to analyze and evaluate financial results and performance, and we believe this non-GAAP financial measure is useful to investors as an additional tool to evaluate our ongoing results and trends and to review our performance without giving effect to (i) the amortization/accretion resulting from the new cost basis of the investments acquired and accounted for under the acquisition method of accounting in accordance with ASC 805 and (ii) the one-time purchase or non-recurring investment income and expense events, including the effects on incentive fees. In addition, the Company’s management uses the non-GAAP financial measure described above internally to analyze and evaluate financial results and performance and to compare the Company’s financial results with those of other business development companies that have not had similar one-time or non-recurring events. The presentation of this non-GAAP measure is not intended to be a substitute for financial results prepared in accordance with GAAP and should not be considered in isolation.
Starting in the first quarter of 2025, the adjustment to net investment income per common share to determine Adjusted Net Investment Income Per Common Share represents the difference between GAAP amortization under the asset acquisition method of accounting in accordance with ASC 805 and management’s non-GAAP measure of amortization related to assets acquired in connection with the CSL III merger on March 27, 2025, and the remaining interest in Middle Market Credit Fund II on February 11, 2025. This adjustment reflects management’s view of the economic yield on the acquired assets and is consistent with our internal evaluation of performance.
Carlyle Secured Lending, Inc.
CGBD is an externally managed specialty finance company focused on lending to middle-market companies. CGBD is managed by Carlyle Global Credit Investment Management L.L.C., an SEC-registered investment adviser and a wholly owned subsidiary of The Carlyle Group Inc. Since it commenced investment operations in May 2013 through June 30, 2026, CGBD has invested approximately
Web: carlylesecuredlending.com
About Carlyle
Carlyle (“Carlyle,” or the “Adviser”) (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With
Contacts:
| Investors: | Media: |
| Nishil Mehta | Brittany Bensaull |
| +1-212-813-4918 | +1-212-813-4839 |
| publicinvestor@carlylesecuredlending.com | brittany.bensaull@carlyle.com |
