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Nuveen Churchill Reports Strong Q3 2024 Financial Results

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Nuveen Churchill Direct Lending Corp. ( (NCDL) ) has shared an announcement.

Nuveen Churchill Direct Lending Corp. (NCDL) announced robust financial results for the third quarter of 2024, reporting a net investment income of $0.58 per share and a net asset value increase to $18.15 per share. The company declared a regular distribution of $0.45 per share for the fourth quarter, reflecting a solid 12.1% annualized yield. With a diversified portfolio worth $2.05 billion, NCDL’s strong deal activity and strategic positioning in the private credit market signal promising prospects for future growth, backed by a healthy balance sheet and strong liquidity.

See more insights into NCDL stock on TipRanks’ Stock Analysis page.

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