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TCG BDC: 13% Discount, 10.5% Yield

May 07, 2021 9:15 AM ETCarlyle Secured Lending Inc. (CGBD)11 Comments


  • TCG BDC yields 10.52%, including quarterly special dividends.
  • It's selling at an -12.80% discount to its 3/31/21 NAV/share.
  • CGBD reported Q1 '21 earnings this week - updated earnings, valuations and profitability comps vs. the BDC industry are covered in this article.
  • I do much more than just articles at Hidden Dividend Stocks Plus: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »

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TCG BDC (NASDAQ:CGBD), is a New York-based company which provides debt investments in the U.S. middle market companies. It also invests in first lien and second lien senior secured loans, middle market junior loans, such as

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Robert Hauver, MBA, aka “Double Dividend Stocks” was VP of Finance for an industry-leading corporation for 18 years and has been investing for more than 30 years. He focuses on undercovered and undervalued income vehicles and he leads the investing group Hidden Dividend Stocks Plus.

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Comments (11)

Great write up and analysis. Long CGBD
bill h illify profile picture
Appreciate the read...it has come back pretty nicely, so I may look at starting to add again. I will watch that NII. Thanks.
This looks like another good one from DDS and since I didn’t see a K-1 warning, CGBD is now on my buy list. I appreciate these reports as they bring to my attention many stocks I didn’t previously know about and as a result I’ve picket up many long term holdings for the dividend portion of my portfolios, thank you DDS.
TigerMoney profile picture
@Double Dividend Stocks,
Have had CGBD for a while now and have been very happy with the stock. Bought some additional shares when the market went way down last year. Will continue to hold and enjoy the distribution....!!

Double Dividend Stocks profile picture
Congrats on your savvy buy!
GrowWealth30 profile picture
CGBD is rock solid. Buy, Accumulate and Drip (BAD!)
Double Dividend Stocks profile picture
Thanks for reading and commenting.
snaimpally profile picture
I bought CGBD after you featured it in an earlier article in the last year. The stock is up 27% and I get a double digit yield on my cost basis.
Double Dividend Stocks profile picture
Congrats! We're glad it worked out for you.
@Double Dividend Stocks
I have taken advantage of several of your recommendations including this one. Thanks for your great investment advice. You are the best on SA.
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