Nuveen Churchill Direct Lending Corp. (the Company) is business development company and was formed on March 13, 2018, as a limited liability company under the laws of the State of Delaware and was converted into a Maryland corporation on June 18, 2019 prior to the commencement of operations. The Company is a closed-end, externally managed, non-diversified management investment company that has elected to be regulated as a business development company (BDC) under the Investment Company Act of 1940, as amended (the 1940 Act). The Company's investment objective is to generate attractive risk-adjusted returns primarily through current income by investing primarily in senior secured loans to private equity-owned U.S. middle market companies, which the Company defines as companies with approximately $10.0 million to $100.0 million of earnings before interest, taxes, depreciation and amortization (EBITDA). The Company will focus on privately originated debt to performing U.S. middle market companies, with a portfolio expected to comprise primarily of first-lien senior secured debt and unitranche loans (other than last-out positions in unitranche loans) (collectively Senior Loans). The Company will also opportunistically invest in junior capital opportunities (second-lien loans, subordinated debt, last-out positions in unitranche loans and equity-related securities) (collectively Junior Capital Investments).
What is Nuveen Churchill Direct Lending stock price today?▼
The current price of NCDL.BOATS is $13.09 USD — it has increased by +0% in the past 24 hours. Watch Nuveen Churchill Direct Lending stock price performance more closely on the chart.
What is Nuveen Churchill Direct Lending stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on exchange Nuveen Churchill Direct Lending stocks are traded under the ticker NCDL.BOATS.
Does Nuveen Churchill Direct Lending pay dividends?▼
Yes, NCDL.BOATS dividends are paid quarterly. The last dividend per share was 0.45 USD. As of today, Dividend Yield (FWD)% is 11%.
When did Nuveen Churchill Direct Lending complete a stock split?▼
Nuveen Churchill Direct Lending has not had any recent stock splits.