CGBD Dividend History & Analysis | 12% Yield

CGBD has a dividend yield of 12% and paid 1.65 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 12.04%
Payout Ratio 141.0%
Growth Rate CAGR 5y 13.06%
Consistency Lifetime 92.0%
Yield on Cost 5y 20.89%
Payout FCF -
Streak Years 9
Dividend Rating 83.48%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: -26.5%
Total Return 5y: 51.6%

Top Dividend Payers in Asset Management & Custody Banks

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
ECC 709 M 24.3% 44.7%
OXLC 1,177 M 28.3% 29.2%
ECAT 1,534 M 22.0% 36.5%
OCCI 129 M 24.3% 30.5%
BCAT 1,540 M 22.4% 31.2%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
ECAT 1,534 M 144% 91.7%
FSCO 1,204 M 105% 90.0%
OPFI 831 M 108% 100%
SUNS 126 M 90.5% 100%
OWL 21,322 M 60.1% 100%

Quality Dividend Peers in Asset Management & Custody Banks

BUI
BlackRock Utility
 10.47% Yield
GNT
GAMCO Natural Resources
 7.98% Yield
GAM
General American
 11.74% Yield
BK
The Bank of New York
 2.10% Yield
TRIN
Trinity Capital
 14.80% Yield
TBLD
Thornburg Income
 6.56% Yield

CGBD Dividend History: Last 35 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-31 2025-12-31 2026-01-16 Quarterly 0.4 0% 3.26%
2025-09-30 2025-09-30 2025-10-17 Quarterly 0.4 0% 3.19%
2025-06-30 2025-06-30 2025-07-17 Quarterly 0.4 -11.1% 2.94%
2025-03-24 2025-03-24 2025-04-17 Quarterly 0.45 800% 2.68%
2024-12-31 2024-12-31 2025-01-17 Quarterly 0.05 -87.5% 0.28%
2024-09-30 2024-09-30 2024-10-17 Quarterly 0.4 0% 2.35%
2024-06-28 2024-06-28 2024-07-17 Quarterly 0.4 0% 2.26%
2024-03-27 2024-03-29 2024-04-17 Quarterly 0.4 471.4% 2.48%
2023-12-28 2023-12-29 2024-01-18 Quarterly 0.07 0% 0.46%
2023-09-28 2023-09-29 2023-10-17 Quarterly 0.07 -81.1% 0.49%
2023-06-29 2023-06-30 2023-07-18 Quarterly 0.37 0% 2.56%
2023-03-30 2023-03-31 2023-04-14 Quarterly 0.37 362.5% 2.71%
2022-12-29 2022-12-30 2023-01-16 Quarterly 0.08 -76.5% 0.57%
2022-09-29 2022-09-30 2022-10-14 Quarterly 0.34 325% 2.81%
2022-06-29 2022-06-30 2022-07-15 Quarterly 0.08 -75% 0.63%
2022-03-30 2022-03-31 2022-04-15 Quarterly 0.32 0% 2.23%
2021-12-30 2021-12-31 2022-01-14 Quarterly 0.32 0% 2.36%
2021-09-29 2021-09-30 2021-10-15 Quarterly 0.32 0% 2.38%
2021-06-29 2021-06-30 2021-07-15 Quarterly 0.32 540% 2.39%
2021-03-30 2021-03-31 2021-04-16 Quarterly 0.05 -86.1% 0.37%
2020-12-30 2020-12-31 2021-01-15 Quarterly 0.36 -2.7% N/A
2020-09-29 2020-09-30 2020-10-16 Quarterly 0.37 0% N/A
2020-06-29 2020-06-30 2020-07-17 Quarterly 0.37 0% N/A
2020-03-30 2020-03-31 2020-04-17 Quarterly 0.37 0% N/A
2019-12-30 2019-12-31 2020-01-17 Quarterly 0.37 0% N/A
2019-09-27 2019-09-30 2019-10-17 Quarterly 0.37 0% N/A
2019-06-27 2019-06-28 2019-07-17 Quarterly 0.37 0% N/A
2019-03-28 2019-03-29 2019-04-17 Quarterly 0.37 -35.1% N/A
2018-12-27 2018-12-28 2019-01-17 Quarterly 0.57 54.1% N/A
2018-09-27 2018-09-28 2018-10-17 Quarterly 0.37 0% N/A
2018-06-28 2018-06-29 2018-07-17 Quarterly 0.37 0% N/A
2018-03-28 2018-03-29 2018-04-17 Quarterly 0.37 -24.5% N/A
2017-12-28 2017-12-29 2018-01-17 Quarterly 0.49 32.4% N/A
2017-09-28 2017-09-29 2017-10-18 Quarterly 0.37 0% N/A
2017-06-28 2017-06-30 2017-07-18 Other 0.37 0% N/A

CGBD Dividend FAQ

Carlyle Secured Lending, Inc. (NASDAQ:CGBD) is a Business Development Company that focuses on first-lien, senior secured, and second-lien debt, as well as mezzanine financing and equity investments in middle-market companies. Its target universe consists of U.S. and select European issuers with EBITDA ranging from $25 million to $100 million, spanning sectors such as healthcare, aerospace & defense, high-tech software, consumer products, hospitality, and real-estate finance.

What is the Dividend Yield of CGBD?

As of February 2026, CGBD`s dividend yield is 12.04%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.65 USD by the current share price of 11.98.

Does CGBD pay a dividend?

As of February 2026, CGBD paid a dividend of 1.65 USD in the last 12 months. The last dividend was paid on 2025-12-31 and the payout was 0.4 USD.

How often does CGBD pay dividends?

CGBD pays dividends quarterly. Over the last 12 months, CGBD has issued 4 dividend payments. The last dividend payment was made on 2025-12-31.

CGBD dividend forecast

Based on historical data, the forecasted dividends per share for CGBD for the next 4 payments are between 0.26 (-35.0%) and 0.281 (-29.8%).
This represents a significant dividend cut compared to the last payment.

Will CGBD pay dividends in 2026?

The latest dividend paid per share was 0.4 USD with an Ex-Dividend Date of 2025-12-31. The next Ex-Dividend date for Carlyle Secured Lending (CGBD) is currently unknown.

What is the next Ex-Dividend Date for CGBD?

The next Ex-Dividend date for Carlyle Secured Lending (CGBD) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of CGBD?

CGBD's average dividend growth rate over the past 5 years is 13.1% per year.
Strong growth: CGBD's Dividend growth is outpacing inflation.

What is the Yield on Cost of CGBD?

CGBD's 5-Year Yield on Cost is 20.9%. If you bought CGBD's shares at 7.90 USD five years ago, your current annual dividend income (1.65 USD per share, trailing 12 months) equals 20.9% of your original purchase price.

What is the Payout Consistency of CGBD?

CGBD Payout Consistency is 92.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Carlyle Secured Lending has a strong track record of consistent dividend payments over its lifetime.

Does CGBD have a good Dividend Yield?

CGBD`s 12.04% Dividend Yield is considered as extremely high. Investors should watch out for NAV decline.

What is the Dividend Payout Ratio of CGBD?

The Dividend Payout Ratio of CGBD is 141.0%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of CGBD?

CGBD`s Overall Dividend Rating is 83.48%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

CGBD Outstanding Shares Analysis

What is the Trend in CGBD's Outstanding Shares?

Carlyle Secured Lending's outstanding shares have increased by approximately 13.73% annually over the past 3 years (Trend Reliability: 100.0%).

Significant dilution: Heavy share issuance is diluting existing shareholders. Even if total dividends paid increase, your dividend per share may stagnate or decline.

Has CGBD ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

Year Number of Shares Annual Growth Rate
2012 1,000,000
2013 33,174,400 +3217.44%
2014 33,174,400
2015 33,174,400
2016 34,402,900 +3.7%
2017 62,143,300 +80.63%
2018 62,496,300 +0.57%
2019 58,785,000 -5.94%
2020 56,421,100 -4.02%
2021 59,531,700 +5.51%
2022 59,531,700
2023 56,359,200 -5.33%
2024 56,446,600 +0.16%
2025 72,903,000 +29.15%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-05 02:39