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Carlyle Secured Lending, Inc. Announces Financial Results For First Quarter Ended 2024, Declares Second Quarter 2024 Dividends of $0.47 Per Common Share

NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, "we," "us," "our," "CSL" or the "Company") (NASDAQ:CGBD) today announced its financial results for its first quarter ended March 31, 2024. Justin Plouffe, CSL's Chief Executive Officer said, "Consistent with prior quarters, our portfolio continued to deliver steady income and a stable NAV during the first quarter of 2024. It has always been our goal to drive performance with a consistent approach to direct lending anchored in disciplined credit selection and conservative portfolio management. We remain focused on our core middle market strategy and benefit from the differentiation provided by our access to the OneCarlyle platform, while maintaining our ability to be dynamic in response to the market. Discipline and consistency drove performance in the first quarter, and we expect these tenets to drive performance in future quarters." Net investment income for the first quarter of 2024 was $0.54 per common share, and net asset value per common share increased by 0.5% for the first quarter to $17.07 from $16.99 as of December 31, 2023. The total fair value of our investments was $1.8 billion as of March 31, 2024. Dividends On May 2, 2024, the Board of Directors declared a base quarterly common dividend of $0.40 per share plus a supplemental common dividend of $0.07 per share. The dividends are payable on July 17, 2024 to common stockholders of record on June 28, 2024. On March 26, 2024, the Company declared a cash dividend on the Preferred Stock for the period from January 1, 2024 to March 31, 2024 in the amount of $0.438 per Preferred Share to the holder of record on March 29, 2024. Conference Call The Company will ...