Nuveen Churchill Direct Lending Corp. (NCDL) To Go Ex-Dividend on February 12th

Posted by Lindsey Winhoffer on Feb 10th, 2025

Nuveen Churchill Direct Lending Corp. (NYSE:NCDL – Get Free Report) declared a — dividend on Tuesday, May 7th,Wall Street Journal reports. Stockholders of record on Wednesday, February 12th will be given a dividend of 0.10 per share on Monday, April 28th. This represents a dividend yield of 10.3%. The ex-dividend date is Wednesday, February 12th.

Nuveen Churchill Direct Lending Price Performance

NYSE:NCDL opened at $17.28 on Monday. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.10. The firm has a fifty day simple moving average of $16.97 and a 200 day simple moving average of $17.19. Nuveen Churchill Direct Lending has a 1-year low of $16.00 and a 1-year high of $18.10. The stock has a market capitalization of $941.31 million and a PE ratio of 7.38.

Nuveen Churchill Direct Lending (NYSE:NCDL – Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.01. Nuveen Churchill Direct Lending had a net margin of 53.56% and a return on equity of 12.72%. The company had revenue of $60.28 million for the quarter, compared to analyst estimates of $58.40 million. On average, research analysts expect that Nuveen Churchill Direct Lending will post 2.28 EPS for the current fiscal year.

Insider Activity

In other news, CEO Kenneth J. Kencel bought 20,000 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were purchased at an average cost of $17.37 per share, with a total value of $347,400.00. Following the acquisition, the chief executive officer now directly owns 20,000 shares in the company, valued at $347,400. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.53% of the stock is owned by company insiders.

About Nuveen Churchill Direct Lending

(Get Free Report)

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.