Why Sixth Street Specialty Lending is in the Top 10 Financial Stocks with a 7.57% Return (TSLX)

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Sixth Street Specialty Lending Inc (Ticker: TSLX) has been ranked among the top 10 dividend paying financial stocks, according to Dividend Channel, which released its most recent “DividendRank” report. The report noted that among stocks of financial companies, TSLX exhibited both attractive valuation metrics and solid profitability metrics. For example, the recent TSLX share price of $ 21.67 represents a price to book ratio of 1.3 and an annual dividend yield of 7.57%. -accounting ratio of 2.6. The report also cites the history of strong quarterly dividends from Sixth Street Specialty Lending Inc, and long-term favorable multi-year growth rates in key fundamental data points.

The report said, “Dividend investors who approach investing from a value perspective are generally more interested in finding the strongest, most profitable companies, which are also trading at an attractive valuation. This is what we seek to find by using our exclusive DividendRank formula, which ranks the hedging universe according to our various profitability and valuation criteria, to generate a list of the most “interesting” stocks, intended for investors. as a source of ideas that deserves further research. ”

The current annualized dividend paid by Sixth Street Specialty Lending Inc is $ 1.64 / share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-dividend date of 6/14/2021. Below is a chart of TSLX’s long-term dividend history, which the report highlighted as being of utmost importance. Indeed, studying a company’s past dividend history can be of great help in judging whether the most recent dividend is likely to continue.

Top 10 Dividend Paying Financial Services »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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