TPG Specialty Lending Inc (NYSE:TSLX) declared a dividend on Tuesday, November 5th, Fidelity reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.39 per share by the financial services provider on Wednesday, January 15th. The ex-dividend date is Thursday, December 12th.
NYSE TSLX traded up $0.06 during trading hours on Tuesday, hitting $21.76. The company had a trading volume of 188,046 shares, compared to its average volume of 244,973. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.58 and a current ratio of 0.58. TPG Specialty Lending has a 1-year low of $17.75 and a 1-year high of $22.23. The company has a market cap of $1.44 billion, a PE ratio of 9.67, a price-to-earnings-growth ratio of 11.49 and a beta of 0.60. The business has a 50 day moving average of $21.43 and a 200-day moving average of $20.52.
TPG Specialty Lending (NYSE:TSLX) last released its quarterly earnings data on Tuesday, November 5th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.07. TPG Specialty Lending had a net margin of 50.49% and a return on equity of 12.75%. The company had revenue of $70.05 million during the quarter, compared to the consensus estimate of $64.45 million. During the same quarter in the prior year, the firm posted $0.50 earnings per share. TPG Specialty Lending’s revenue for the quarter was up 11.2% on a year-over-year basis. Sell-side analysts expect that TPG Specialty Lending will post 1.89 earnings per share for the current fiscal year.
About TPG Specialty Lending
TPG Specialty Lending, Inc is a business development company. The fund provides senior secured loans (first-lien, second-lien, and unitranche), mezzanine debt, non-control structured equity, and common equity with a focus on co-investments for organic growth, acquisitions, market or product expansion, restructuring initiatives, recapitalizations, and refinancing.
Featured Story: What is the S&P/TSX Index?
Receive News & Ratings for TPG Specialty Lending Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TPG Specialty Lending and related companies with MarketBeat.com's FREE daily email newsletter.