Carlyle Secured Stock Price, News & Analysis

Carlyle Secured Lending, Inc. (CGBD) reported solid first quarter results for the period ending March 31, 2022, showcasing a net increase in net asset value per share to $17.11 from $16.91. Total investment income reached $47.51 million, marking a rise from the previous quarter. Net investment income was $25.52 million, or $0.47 per share. The company declared a base dividend of $0.32 plus a supplemental dividend of $0.08, payable on July 15, 2022. Despite a slight decline in total investments, the firm exited its position in SolAero with proceeds exceeding fair value by $9.3 million.

Carlyle Secured Lending, Inc. (NASDAQ: CGBD) will announce its first quarter 2022 financial results in a conference call at 8:30 a.m. EDT on May 4, 2022. The results will be available through a news release after market close on May 3, 2022. Investors can access the call via phone or webcast on the company's website. Carlyle Secured Lending focuses on senior secured lending to middle-market companies in the U.S. and has been investing since 2013.

Carlyle Secured Lending, Inc has announced a leadership change, with Taylor Boswell stepping up as President and joining the Board of Directors, having previously served as Chief Investment Officer since 2019. Linda Pace will remain as CEO and Chair of the Board. The company also appointed three vice presidents: Michael Hadley, Jonathan Pearl, and Alex Popov as officers. Boswell emphasized commitment to sustainable income for shareholders amidst changing market dynamics.

On April 11, 2022, TCG BDC announced its name change to Carlyle Secured Lending. The new name reflects Carlyle's strength in credit markets while maintaining its commitment to delivering sustainable income to shareholders. CEO Linda Pace emphasized that the investment approach remains unchanged, focusing on senior secured lending to middle-market companies in the U.S. Carlyle Secured Lending will continue to operate under the NASDAQ ticker CGBD, leveraging Carlyle's extensive investment resources and expertise.

TCG BDC (CGBD) reported solid fourth-quarter results for 2021, highlighting total investment income of $43.97 million, up from $43.76 million in the prior quarter. Net investment income rose to $22.45 million, or $0.40 per share, compared to $22.09 million or $0.39 per share. However, net realized and unrealized gains decreased to $11.51 million from $25.53 million. The company continued its stock repurchase program, buying back 0.6 million shares. A base dividend of $0.32 and a supplemental dividend of $0.08 were declared, payable on April 15, 2022.

TCG BDC reported strong financial results for Q3 2021, highlighting a net asset value increase to $16.65 per share, up from $16.14 in Q2 2021. Total investments rose to $1.95 billion, with net investment income climbing to $22.1 million ($0.39 per share). The company realized gains of $25.5 million, contributing to a net increase in assets of $47.6 million for the quarter. A quarterly dividend of $0.32 plus $0.07 supplemental was declared, payable January 14, 2022. TCG BDC remains well-positioned for sustainable income generation amidst a robust investment environment.

TCG BDC (CGBD) reported strong second-quarter results for 2021, highlighting total investments at fair value of $1.87 billion, up 1.7% from the previous quarter. The net investment income rose to $20.76 million, or $0.38 per share, compared to $19.80 million, or $0.36 per share in Q1. Net assets increased to $924.83 million, with a net asset value per share of $16.14. The company declared a quarterly dividend of $0.32 plus a supplemental dividend of $0.06, payable on October 15, 2021. Credit performance remains robust amid a favorable transaction environment.

TCG BDC, Inc. (CGBD) reported its Q1 2021 financial results, highlighting a solid performance amid improving credit conditions. Total investments at fair value rose to $1.84 billion, with net investment income of $20.7 million, or $0.36 per share, down from $21.9 million, or $0.38 per share, in the previous quarter. The company declared a regular quarterly dividend of $0.32 and a supplemental dividend of $0.04. Total assets decreased slightly to $1.90 billion, while net assets per common share increased to $15.70. TCG BDC remains well-positioned for future growth and sustainable income.

TCG BDC announced its financial results for Q4 2020, reporting a net investment income of $21,909, or $0.38 per share, slightly up from the previous quarter. The company experienced a total investment income of $43,514, reflecting a $730 increase over Q3 2020. Total investments at fair value decreased by 6.3% to $1,825,749 due to significant repayments. Net assets per share improved to $15.39, up from $15.01. TCG BDC declared a regular quarterly dividend of $0.32 alongside a $0.05 supplemental dividend, set to be paid on April 16, 2021.