Nuveen Churchill Direct Lending Corp. (NCDL) to Issue Quarterly Dividend of $0.45 on April 29th

Nuveen Churchill Direct Lending Corp. (NYSE:NCDLGet Free Report) announced a quarterly dividend on Tuesday, February 27th, Zacks reports. Shareholders of record on Saturday, March 30th will be given a dividend of 0.45 per share on Monday, April 29th. This represents a $1.80 annualized dividend and a yield of 10.06%. The ex-dividend date of this dividend is Wednesday, March 27th.

Nuveen Churchill Direct Lending Trading Down 0.4 %

NYSE:NCDL opened at $17.89 on Monday. Nuveen Churchill Direct Lending has a 12 month low of $16.00 and a 12 month high of $18.10.

Nuveen Churchill Direct Lending (NYSE:NCDLGet Free Report) last announced its quarterly earnings data on Tuesday, February 27th. The company reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.04. The firm had revenue of $48.95 million during the quarter, compared to analysts’ expectations of $48.40 million. As a group, research analysts expect that Nuveen Churchill Direct Lending will post 2.23 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on NCDL shares. UBS Group began coverage on shares of Nuveen Churchill Direct Lending in a report on Tuesday, February 20th. They issued a “neutral” rating and a $18.00 price objective for the company. Bank of America assumed coverage on Nuveen Churchill Direct Lending in a research report on Tuesday, February 20th. They set a “buy” rating and a $19.00 target price on the stock. Wells Fargo & Company assumed coverage on shares of Nuveen Churchill Direct Lending in a research report on Tuesday, February 20th. They set an “equal weight” rating and a $18.00 price objective for the company. Truist Financial started coverage on shares of Nuveen Churchill Direct Lending in a research report on Tuesday, February 20th. They issued a “buy” rating and a $19.00 target price on the stock. Finally, JMP Securities upgraded Nuveen Churchill Direct Lending from a “market perform” rating to an “outperform” rating and set a $18.50 price objective for the company in a research note on Wednesday, February 28th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $18.50.

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About Nuveen Churchill Direct Lending

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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.

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Dividend History for Nuveen Churchill Direct Lending (NYSE:NCDL)

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