Carlyle Secured Lending, Inc.
CGBDFinancial Services · Stock · quarterly payer
$10.79
Add to PortfolioForward Yield
14.38%
Annual Dividend
$1.55
Payout Ratio
229%
5-Yr Growth
1.6%
Ex-Date
Jun 30, 2026
Frequency
Quarterly
CGBD Dividend Safety Score
43/ 100
Grade D
Risky
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage229% of earnings paid out
Balance-sheet strengthDebt/equity of 1.24
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is CGBD a good dividend stock?
MixedCarlyle Secured Lending, Inc. (CGBD) pays a quarterly dividend yielding 14.38% ($1.55/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (229%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 14.38%
- Payout Ratio
- 229%
- Annual Dividend
- $1.55
- 5-Yr Avg Growth
- 1.6%
- Ex-Dividend Date
- Jun 30, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.68
- Market Cap
- $749.9M
- P/E Ratio
- 15.4
- 5-Yr Total Return
- -19%
- 52-Week Range
- $10.50 – $14.49
- Dividend Safety
- D · 43/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 31, 2026 | — | $0.4000 | regular |
| Dec 31, 2025 | — | $0.4000 | regular |
| Sep 30, 2025 | — | $0.4000 | regular |
| Jun 30, 2025 | — | $0.4000 | regular |
| Mar 24, 2025 | — | $0.4500 | regular |
| Dec 31, 2024 | — | $0.4500 | regular |
| Sep 30, 2024 | — | $0.4700 | regular |
| Jun 28, 2024 | — | $0.4700 | regular |
| Mar 27, 2024 | — | $0.4800 | regular |
| Dec 28, 2023 | — | $0.4400 | regular |
| Sep 28, 2023 | — | $0.4400 | regular |
| Jun 29, 2023 | — | $0.4400 | regular |
| Mar 30, 2023 | — | $0.4400 | regular |
| Dec 29, 2022 | — | $0.4400 | regular |
Income Calculator
At $1.55 / yr per share
Per payment (quarterly)$38.75
Annual$155.00
Monthly avg$12.92
