Key Highlights

  • The forward Dividend Yield is 12.68%, with a base quarterly dividend of USD 0.35 per share declared on October 28.
  • Management said third-quarter net Investment income was USD 0.36 per share on both a GAAP and adjusted basis.
  • Net investment income was USD 25.0 million for the third quarter, compared with USD 26.8 million a year earlier.
  • Net asset value per common share was USD 15.65 at September 30, compared with USD 16.36 a year earlier.

Carlyle Secured Lending, Inc. (NASDAQ:CGBD) carries a forward dividend yield of 12.68%. On October 28, 2026, the Board of Directors declared a base quarterly common Stock Dividend of USD 0.35 per share, payable January 19, 2027 to common stockholders of record on December 31, 2026. Management said it is fully covered by net investment income.

Dividend Program and Shareholder Returns

On October 28, 2026, the Board of Directors declared a base quarterly common stock dividend of USD 0.35 per share, payable on January 19, 2027 to common stockholders of record on December 31, 2026. Management said the dividend is in line with its revised dividend policy and is fully covered by net investment income.

Management said third-quarter net investment income was USD 0.36 per share on both a GAAP and adjusted basis. The trailing twelve month dividend yield is 13.59%, shown for information.

From October 1, 2026 through November 4, 2026, the company repurchased 579,554 shares of its common stock.

About the Company

Carlyle Secured Lending, Inc. is a Business Development Company listed on the Nasdaq Global Select Market. Total Assets were USD 2,465.4 million at September 30, 2026, compared with USD 2,790.2 million at December 31, 2025. Total net assets were USD 1,073.4 million, compared with USD 1,167.4 million, and Debt and secured borrowings were USD 1,308.7 million, compared with USD 1,531.2 million.

Investment Income and Net Investment Income Lines

Total investment income was USD 63.2 million for the third quarter, compared with USD 66.5 million a year earlier, and USD 189.4 million for the nine months, compared with USD 188.7 million. Base management fees were USD 8.8 million, compared with USD 9.1 million.

Net investment income was USD 25.0 million, compared with USD 26.8 million, and USD 74.2 million for the nine months, compared with USD 76.7 million. Excise tax expense was USD 0.4 million, compared with USD 0.5 million.

Per-Share Earnings and Net Asset Value

Basic and diluted earnings per common share were USD 0.35 for the third quarter, compared with USD 0.33, and USD 0.28 for the nine months, compared with USD 0.78.

Net asset value per common share was USD 15.65 at the end of the nine-month period, compared with USD 16.36, and USD 16.26 at the beginning of the period. Net investment income per share in the nine-month net asset value rollforward was USD 1.06, compared with USD 1.15.

Originations and Portfolio Positioning

Management said weighted average Leverage on entry continued to decrease to 4.9 times, and that over 80% of the quarter's originations were to new borrowers, with Carlyle playing a lead role in all of those investments.

Management said SCP portfolio grew to USD 2.1 billion and produced an annualized dividend yield of 20.3% to the company, and that the annualized dividend yield at MMCF increased by 80 basis points to 18.4%.

Outlook

Carlyle Secured Lending's 12.68% forward dividend yield and the USD 0.35 per share base dividend are the dividend facts on record. Net investment income per share, net asset value per share, leverage on entry, and share repurchases are the relevant considerations.