Current Report: Carlyle Secured Lending

Mark, Marker, Hand, Write, Glass, Glass Pane

Image Source: Pixabay

Carlyle Secured Lending Inc (CGBD) operating in the capital markets industry, is a specialty finance company that is a closed-end, externally managed, non-diversified management investment company.

It focuses on providing directly originated, financing solutions across the capital structure, with a focus on senior secured lending to middle-market companies located in the United States.

The company's investment objective is to generate current income and capital appreciation through debt investments in U.S. middle-market companies..

Carlyle Secured Lending Inc. is a business development company founded in 2012, and headquartered in New York, NY.

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

The key three are:

(1) Price

(2) Dividends

(3) Returns

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

CGBD Price

Share price increased about 17.7% in the past year from $15.57 to $18.32, as of Wednesday’s market close.

In the past 3 years the company’s share price has ranged from $11.40 to $18.32, its all-time high of $20.30 was reached December 29, 2017.

If shares trade in the range of $12.00 to $25.00 this next year, the recent $18.32 share price might grow to $20.00.  Of course, CGBD shares could also drop about the same $1.68 estimated amount or more.

My $1.68 price upside estimate is based on the average BXSL one-year price gain over the past four years.

CGBD Dividend

Carlyle Secured Lending has paid variable quarterly dividends since July 17, 2017. The company’s most recent Q dividend of $0.45 was declared on November 5th, 2024 for shareholders of record prior to December 31st and the payout was made on January 17th. A forward-looking annual dividend of $1.80 yields 9.83% per Wednesday’s closing price.

CGBD Returns

Putting it all together, a $3.48 estimated annual gross gain per share shows up by adding CGBD’s annual $1.80 dividend to the estimated $1.68 annual price gain, totaling that $3.48 amount.

A little over $1000 buys 55 shares at Wednesday’s $18.32 share price.

A $10 broker fee (if charged), collected half at purchase and half at the sale, might take about $0.18 per share out of the $3.48 gross gain to give us a net gain of $3.30 X 55 shares = $181.50 for about an 18% estimated net gain on the year.

Furthermore, the $98.30 annual estimated dividend income from $1k invested in CGBD is over 5.35 times more than the $18.32 single-share price. By these numbers, CGBD may be an ideal financial dividend dog.

Therefore, you may choose to pounce on Carlyle Secured Lending. It is a 13-year-old quarterly variable dividend-paying capital markets business development company with an 8-year dividend record.

The exact track of Carlyle Secured Lending's future price and dividend will entirely be determined by market action and company finances.

Remember the best way to track dividend payments is through direct ownership of company shares.


More By This Author:

Current Report: Blackstone Secured Lending
Current Report: Ares Capital
Current Report: NL Industries

Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with