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TCG BDC Announces Strong 2024 Financial Results

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TCG BDC Announces Strong 2024 Financial Results

The latest update is out from TCG BDC ( (CGBD) ).

Carlyle Secured Lending, Inc. announced its financial results for the fourth quarter and full year ending December 31, 2024, highlighting a strong finish with portfolio growth and net investment income above the base dividend. The company declared a first quarter 2025 dividend of $0.45 per share, including a supplemental dividend, payable on April 17, 2025. The announcement reflects CGBD’s robust performance despite market challenges, positioning it well for continued success in 2025.

More about TCG BDC

Carlyle Secured Lending, Inc. (CGBD) is a specialty finance company focused on lending to middle-market companies in the U.S. Managed by Carlyle Global Credit Investment Management L.L.C., CGBD aims to generate income and capital appreciation primarily through debt investments. Since its inception in 2013, it has invested approximately $8.7 billion in debt and equity investments.

YTD Price Performance: -1.82%

Average Trading Volume: 217,473

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $904.6M

For an in-depth examination of CGBD stock, go to TipRanks’ Stock Analysis page.

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