SmarterDividends
TSLX

Sixth Street Specialty Lending, Inc.

TSLX

Financial Services · Stock · monthly payer

Forward Yield

9.51%

Annual Dividend

$1.68

Payout Ratio

173%

5-Yr Growth

-8.4%

Ex-Date

Jun 15, 2026

Frequency

Monthly

TSLX Dividend Safety Score

42/ 100
Grade D

Risky

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage173% of earnings paid out
Free-cash-flow coverage122% of free cash flow
Balance-sheet strengthDebt/equity of 1.17
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 TSLX a good dividend stock?

Mixed

Sixth Street Specialty Lending, Inc. (TSLX) pays a monthly dividend yielding 9.51% ($1.68/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 (173%)
    • Dividend has been shrinking, not growing
    • 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
    9.51%
    Payout Ratio
    173%
    Annual Dividend
    $1.68
    5-Yr Avg Growth
    -8.4%
    Ex-Dividend Date
    Jun 15, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    0.64
    Market Cap
    $1.7B
    P/E Ratio
    15.4
    5-Yr Total Return
    -22%
    52-Week Range
    $16.96 – $25.17
    Dividend Safety
    D · 42/100
    Ever Cut?
    Yes (2025)
    TSLX ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $1.68 / yr per share

    Per payment (monthly)$14.00
    Annual$168.00
    Monthly avg$14.00