Nuveen Churchill Direct Lending Corp. (NCDL) to Issue — Dividend of $0.10 on April 28th

Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) announced a — dividend on Wednesday, January 10th,Wall Street Journal reports. Shareholders of record on Wednesday, February 12th will be paid a dividend of 0.10 per share on Monday, April 28th. This represents a yield of 10.3%. The ex-dividend date is Wednesday, February 12th.

Nuveen Churchill Direct Lending Stock Performance

NCDL opened at $17.28 on Monday. The stock has a market capitalization of $941.31 million and a price-to-earnings ratio of 7.38. Nuveen Churchill Direct Lending has a fifty-two week low of $16.00 and a fifty-two week high of $18.10. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.69 and a current ratio of 1.69. The company has a fifty day moving average of $16.97 and a 200 day moving average of $17.19.

Nuveen Churchill Direct Lending (NYSE:NCDL) last posted its earnings results on Thursday, November 7th. The company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.01. The company had revenue of $60.28 million for the quarter, compared to the consensus estimate of $58.40 million. Nuveen Churchill Direct Lending had a return on equity of 12.72% and a net margin of 53.56%. As a group, sell-side analysts forecast that Nuveen Churchill Direct Lending will post 2.28 earnings per share for the current fiscal year.

Insider Transactions at Nuveen Churchill Direct Lending

In other Nuveen Churchill Direct Lending news, CEO Kenneth J. Kencel acquired 20,000 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was bought at an average price of $17.37 per share, for a total transaction of $347,400.00. Following the acquisition, the chief executive officer now directly owns 20,000 shares in the company, valued at $347,400. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.53% of the company’s stock.

About Nuveen Churchill Direct Lending

Nuveen Churchill Direct Lending Corp. is a specialty finance company focused primarily on investing in senior secured loans to private equity-owned U.S. middle market companies. It has elected to be regulated as a business development company. Nuveen Churchill Direct Lending Corp. is based in NEW YORK.