Image Source: Pixabay

Carlyle Secured Lending Inc. (CGBD) is a business development company specializing in first-lien debt, senior secured loans, second-lien senior secured loan unsecured debt, mezzanine debt, and investments in equities.

It specializes in direct investing. It specializes in the middle market. It targets healthcare and pharmaceutical, aerospace and defense, high-tech industries, business services, software, beverage food and tobacco, hotel gaming and leisure, banking finance insurance, and in real estate sectors.

The fund seeks to invest across the United States of America, Luxembourg, the Cayman Islands, Cyprus, and the United Kingdom. It invests in companies with EBITDA between $25 million and $100 million.

The company was founded in 2012 and is headquartered in New York, NY

Three key data points gauge Carlyle Secured Lending Inc. or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.

CGBD Price

Over the past year, Carlyle's share price increased about 8.26% from $14.16 to $15.33 as of Friday’s market close.

If Carlyle shares trade in the range of $13.00 to $20.00 this next year, its recent $15.33 share price might rise to $15.50  by next year. Of course, Carlyle's price could drop about the same $0.17 estimated amount or more.

My annual upside estimate of $0.17 however, is about $0.08 above the median of one-year targets from six analysts.

CGBD Dividend

Carlyle Secured Lending Inc. has paid Quarterly variable dividends since July 18, 2017. Carlyle’s most recently declared Q dividend, is payable on January 18, 2023, to shareholders of record on December 28th. The forward-looking $1.76 annual dividend yields 11.48% at Friday’s $15.33 share price.

CGBD Returns

To put it all together, add the annual dividend of  $1.76 to the price upside of $0.17 to find a $1.93 gross gain.

At Friday’s $15.33 share price, a little under $1000 would buy 65 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.15 per share.

Subtracting that likely $0.15 brokerage cost from the $1.93 estimated gross gain per share produces a net gain of $1.78 X 65 shares = $115.70 for an 11.5% estimated net gain.

You might choose to pounce on Carlyle Secured Lending Inc. It is a 12-year-old New York Business Development Company. Furthermore, the estimated $114.80 of dividend income from $1k invested is nearly 7.5 times greater than Carlyle's $15.33 single share Friday price.

The exact track of Carlyle Secured Lending Inc.’s ongoing future prices and dividends is yet to be known.

Remember the true value of any stock is best realized through personal ownership of shares.

More By This Author:

Current Analysis: Barco NV
Current Analysis: DTS Corporation
Current Analysis: Hewlett Packard Enterprise