SmarterDividends

TSLX vs V: Which Is the Better Dividend Stock?

As of Oct 18, 2026, V (Visa Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. TSLX offers the higher yield at 9.86%, V has the higher dividend-safety score, and TSLX looks like the better value (its fair-value estimate is 6% above its share price).

Key facts: TSLX vs V

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Sixth Street Specialty Lending, Inc. (TSLX) has the higher forward dividend yield at 9.86%, versus 0.67% for Visa Inc. (V).
  • As of Oct 18, 2026, SmarterDividends grades TSLX's dividend safety D (42/100) and V's A (93/100).
  • By SmarterDividends' count as of Oct 18, 2026, TSLX has raised its dividend for 0 consecutive years and V for 17.
  • As of Oct 18, 2026, TSLX pays out 203% of its earnings as dividends and V pays out 22%.
  • As of Oct 18, 2026, TSLX's fair-value estimate is 6% above its share price and V's fair-value estimate is 24% below its share price, so TSLX looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "TSLX vs V: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/tslx-vs-v

MetricTSLXV
Forward yield9.86%0.67%
Annual dividend$1.68$2.68
Payout ratio203%22%
Years of growth0 yr17 yr
5-yr dividend growth-1.3%14.9%
5-yr total return-29%108%
Dividend safety score42 (D)93 (A)
Fair value estimate$18.05$306.97
Upside to fair value+6%-24%
Frequencyquarterlyquarterly
Market cap$1.6B$755.8B
P/E ratio18.334.3

Higher yield

TSLX

9.86%

Safer dividend

V

Grade A

Faster growth

V

14.9%

Better value

TSLX

+6% upside

TSLX vs V — FAQ

Is TSLX or V a better dividend stock?

On the data, V wins more head-to-head categories (6 vs 2). TSLX offers the higher yield (9.86%), while V has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, TSLX or V?

TSLX has the higher forward dividend yield at 9.86%, versus 0.67% for V.

Is TSLX or V safer?

V has the higher dividend-safety score (93/100 vs 42/100), reflecting stronger payout coverage and dividend-growth history.

Is TSLX or V better value right now?

As of Oct 18, 2026, TSLX looks like the better value: its fair-value estimate is 6% above its share price (fairly valued). For V, its fair-value estimate is 24% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.