Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Sixth Street Specialty Lending, Inc. (TSLX)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$93.87 - $405.75$227.88
Multi-Stage$49.68 - $54.22$51.91
Blended Fair Value$139.89
Current Price$22.86
Upside511.95%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.66%11.16%1.581.461.440.911.391.041.021.010.860.83
YoY Growth--8.38%1.46%57.36%-34.19%33.03%2.24%1.28%17.94%2.85%51.39%
Dividend Yield--7.07%6.90%7.86%3.93%6.61%7.50%5.07%5.65%4.19%5.15%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)191.55
(-) Cash Dividends Paid (M)163.32
(=) Cash Retained (M)28.23
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)38.3123.9414.37
Cash Retained (M)28.2328.2328.23
(-) Cash Required (M)-38.31-23.94-14.37
(=) Excess Retained (M)-10.084.2913.87
(/) Shares Outstanding (M)93.8993.8993.89
(=) Excess Retained per Share-0.110.050.15
LTM Dividend per Share1.741.741.74
(+) Excess Retained per Share-0.110.050.15
(=) Adjusted Dividend1.631.791.89
WACC / Discount Rate7.33%7.33%7.33%
Growth Rate5.50%6.50%7.50%
Fair Value$93.87$227.88$405.75
Upside / Downside310.64%896.83%1,674.92%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)191.55204.00217.26231.38246.42262.44270.31
Payout Ratio85.26%86.21%87.16%88.10%89.05%90.00%92.50%
Projected Dividends (M)163.32175.87189.36203.86219.44236.19250.04

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.33%7.33%7.33%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)162.31163.85165.39
Year 2 PV (M)161.29164.36167.46
Year 3 PV (M)160.26164.86169.55
Year 4 PV (M)159.21165.34171.63
Year 5 PV (M)158.16165.80173.73
PV of Terminal Value (M)3,862.844,049.424,243.13
Equity Value (M)4,664.074,873.625,090.89
Shares Outstanding (M)93.8993.8993.89
Fair Value$49.68$51.91$54.22
Upside / Downside117.31%127.08%137.20%

High-Yield Dividend Screener

« Prev Page 115 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002515.SZJinzi Ham Co.,Ltd.0.49%$0.0366.70%
094480.KQGalaxiaMoneytree Co.,Ltd0.49%$45.0538.73%
0JG5.LBittium Oyj0.49%$0.1452.63%
0REZ.LAddLife AB (publ)0.49%$0.7523.10%
102710.KQENF Technology Co., Ltd.0.49%$243.137.08%
300171.SZTofflon Science and Technology Group Co., Ltd.0.49%$0.0833.65%
300351.SZZhejiang Yonggui Electric Equipment Co., Ltd.0.49%$0.0935.92%
600528.SSChina Railway Hi-tech Industry Corporation Limited0.49%$0.046.13%
600592.SSFujian Longxi Bearing (Group) Co., Ltd0.49%$0.1369.32%
603179.SSJiangsu Xinquan Automotive Trim Co.,Ltd.0.49%$0.3619.37%
688377.SSNanjing Develop Advanced Manufacturing Co., Ltd.0.49%$0.1830.90%
688617.SSAPT Medical Inc.0.49%$1.2022.16%
688728.SSGalaxyCore Inc.0.49%$0.0781.53%
8818.TKeihanshin Building Co., Ltd.0.49%$9.539.42%
ALSTI.PASTIF S.a.0.49%$0.265.48%
BRGE5.SAConsórcio Alfa de Administração S.A.0.49%$0.0714.26%
DNORD.CODampskibsselskabet Norden A/S0.49%$1.2325.43%
MAKRO.BKSiam Makro Public Company Limited0.49%$0.1824.56%
OROR Royalties Inc.0.49%$0.1722.03%
SEALMATIC.BOSealmatic India Limited0.49%$1.837.91%
TUB.BRFinancière de Tubize S.A.0.49%$1.0425.35%
ZFSTEERING.BOZF Steering Gear (India) Limited0.49%$3.9533.81%
000931.SZBeijing Centergate Technologies (holding) Co., Ltd.0.48%$0.0234.16%
002051.SZChina CAMC Engineering Co., Ltd.0.48%$0.0418.75%
002245.SZJiangsu Azure Corporation0.48%$0.0913.88%
002510.SZTianjin Motor Dies Co.,Ltd.0.48%$0.0462.40%
002518.SZShenzhen KSTAR Science and Technology Co., Ltd.0.48%$0.2327.91%
002625.SZKuang-Chi Technologies Co., Ltd.0.48%$0.2369.49%
300718.SZZhejiang Changsheng Sliding Bearings Co., Ltd.0.48%$0.4149.19%
3162.TWOUnited Alloy-Tech Company0.48%$0.3012.28%
5452.TWOUNIC Technology Corp.0.48%$0.1550.09%
600580.SSWolong Electric Group Co.,Ltd.0.48%$0.2437.73%
603217.SSYuanli Chemical Group Co.,Ltd.0.48%$0.1212.42%
603701.SSZhejiang Dehong Automotive Electronic & Electrical Co., Ltd.0.48%$0.1060.08%
688259.SSTriductor Technology (Suzhou) Inc.0.48%$0.2027.03%
688501.SSQingdao Daneng Environmental Protection Equipment Co., Ltd.0.48%$0.138.66%
688621.SSBeijing Sun-Novo Pharmaceutical Research Co., Ltd.0.48%$0.3024.53%
688800.SSSuzhou Recodeal Interconnect System Co.,Ltd0.48%$0.4027.01%
SOLA.JKXolare RCR Energy Tbk.0.48%$0.609.38%
001339.SZJWIPC Technology Co., Ltd.0.47%$0.2433.98%
003002.SZShanxi Huhua Group Co., Ltd.0.47%$0.1516.74%
067310.KQHANA Micron Inc.0.47%$124.2534.47%
300059.SZEast Money Information Co.,Ltd.0.47%$0.1113.64%
300334.SZTianjin MOTIMO Membrane Technology Co.,Ltd0.47%$0.0340.56%
300458.SZAllwinnertech Technology Co.,Ltd.0.47%$0.2055.67%
300801.SZShandong Taihe Water Treatment Technologies Co., Ltd.0.47%$0.1322.29%
3888.HKKingsoft Corporation Limited0.47%$0.1411.27%
600508.SSShanghai Datun Energy Resources Co., Ltd.0.47%$0.0611.54%
600927.SSYongan Futures0.47%$0.0817.34%
600967.SSInner Mongolia First Machinery Group Co.,Ltd.0.47%$0.0825.49%