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Carlyle Secured Lending Reports Strong 2025 Results, Dividend

Tipranks - Wed Feb 25, 4:04PM CST

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Carlyle Secured Lending Inc ( (CGBD) ) just unveiled an announcement.

On February 24, 2026, Carlyle Secured Lending reported financial results for the fourth quarter and full year ended December 31, 2025, highlighting net investment income of $0.33 per share for the quarter and $1.48 per share for the year. Adjusted net investment income reached $0.36 per share for the quarter and $1.51 per share for 2025, while net asset value per share slipped 0.6% in the fourth quarter to $16.26 as the total fair value of investments rose to $2.5 billion.

The board declared a first-quarter 2026 dividend of $0.40 per common share on February 18, 2026, payable on April 16 to shareholders of record on March 31, signaling continued income distribution despite modest NAV pressure. Management emphasized record 2025 origination volumes, the expansion of its direct lending and origination platform, and the use of non-GAAP adjusted metrics and recent debt redemption to better reflect underlying portfolio economics and support its positioning in a more active middle-market lending environment.

The most recent analyst rating on (CGBD) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Carlyle Secured Lending Inc stock, see the CGBD Stock Forecast page.

Spark’s Take on CGBD Stock

According to Spark, TipRanks’ AI Analyst, CGBD is a Neutral.

The score is held back primarily by weak TTM cash flow despite solid reported profitability and a levered balance sheet. Valuation is a clear positive (low-to-moderate P/E and high yield), while technicals are neutral and recent updates point to stable credit trends but modest NAV/unrealized-loss headwinds.

To see Spark’s full report on CGBD stock, click here.

More about Carlyle Secured Lending Inc

Carlyle Secured Lending, Inc. is an externally managed specialty finance company that focuses on providing debt investments to U.S. middle-market companies. The business development company, managed by Carlyle Global Credit Investment Management L.L.C., seeks to generate current income and capital appreciation through a portfolio of debt and selective equity investments, and has invested about $10.7 billion since starting operations in 2013.

The company operates within Carlyle’s broader global credit platform, leveraging sector-specific underwriting expertise and the OneCarlyle network to source and structure middle-market loans. Its strategy emphasizes stable, high-quality credits, complemented by strategic partnerships such as structured credit joint ventures that aim to enhance returns while managing risk for investors.

Average Trading Volume: 520,035

Technical Sentiment Signal: Sell

Current Market Cap: $859.5M

For detailed information about CGBD stock, go to TipRanks’ Stock Analysis page.

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