Carlyle Secured Stock Price, News & Analysis

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.

TCG BDC, Inc. (CGBD) has formed a joint venture with Cliffwater LLC to establish Middle Market Credit Fund II (MMCF II), enhancing its income generation capabilities. This venture includes an initial $250 million in senior secured loans, with TCG BDC holding 84% equity. The transaction is expected to improve capital deployment opportunities and allow for share repurchases, potentially increasing net investment income. TCG BDC's debt is projected to decrease by about $170 million following this move.

TCG BDC reported its third-quarter results for 2020, showcasing a solid portfolio with no new non-accruals. Total investments increased to $1,948,173, up 2.1% from the previous quarter. However, total investment income decreased to $42,784, resulting in a net investment income of $21,234 ($0.36 per share). Regular dividends were declared at $0.32, alongside a special dividend of $0.04, payable in January 2021. The weighted average yield on first lien debt was 7.08%. The company maintains a strong position amid economic uncertainty, with a focus on attractive income generation for shareholders.

TCG BDC, Inc. (CGBD) reported its second-quarter financial results for the period ended June 30, 2020. Total investments at fair value decreased by 5.8% to $1.91 billion. Total assets fell to $1.96 billion, while net assets increased to $883.3 million, translating to $14.80 per common share. The company declared a regular quarterly dividend of $0.32 and a special dividend of $0.05, payable on October 16, 2020. Despite a decrease in total investment income to $45.3 million, the net increase in net assets from operations was $56.2 million, a significant turnaround from the previous quarter's loss of $121.1 million.

TCG BDC (CGBD) has announced a shift to a virtual format for its Annual Meeting of Stockholders on June 22, 2020, due to COVID-19. The meeting will still occur at 8:00 a.m. Eastern time, with stockholders able to attend remotely. No updates will be made to previously distributed proxy materials regarding this change. Stockholders are encouraged to vote in advance using the existing proxy materials. TCG BDC focuses on lending to middle-market companies, having invested approximately $5.9 billion since 2013, and aims for current income and capital appreciation through debt investments.