Sixth Street Specialty

TSLX

Market cap $2.08B

NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or “the Company") announced today that it will release its financial results for the fourth quarter and fiscal year ended December 31, 2025 on Thursday, February 12, 2026, after the market closes. TSLX invites all interested persons to its webcast / conference call on Friday, February 13, 2026 at 8:30 a.m. Eastern Time to discuss these results. Conference Call Information: The conference call will be broadcast.

Blue-chip dividend stocks are generally excellent investments for investors who prioritize a combination of income, total returns, and risk management. Two widely trusted blue-chip dividend stocks may be increasingly at-risk of a sharp pullback. I take a look at why this is the case.

Sixth Street Specialty Lending, Inc. remains a Hold due to valuation and interest rate headwinds, despite strong portfolio quality. TSLX's high share of floating-rate debt (96.3%) now pressures yields as rates decline, with net investment income down 8.5% year-over-year. Regular dividend coverage is solid at ~117%, but future cuts may erode this margin of safety. Still, the total dividend is already lower than it used to be.

There is a major market disconnect in which there are blue-chip dividend payers offering 11%+ yields right now, despite posting strong fundamentals. I discuss why the market is bearish on these stocks and why I think the fears are overblown. I also share two high-yield stocks that I think are attractive buys at current pricing.

The Fed's dovishness has been the key driver for the BDC sell-off. The idea is that lower interest rates should lead to lower dividends (i.e., BDCs cutting their dividend across the board). While it is a process that takes time, the current data show that many BDCs are well-positioned to safeguard their existing dividends.

Sixth Street Specialty Lending remains resilient with stable NAV and strong dividend coverage, but trades at a 30% premium to NAV. TSLX's portfolio is defensively structured, with 93% in first lien loans and broad industry diversification, supporting reliable income generation. Despite solid fundamentals, TSLX faces limited growth due to a challenging debt environment and slow deployment of new investments.

Sixth Street Specialty Lending, Inc. ( TSLX ) Q3 2025 Earnings Call November 5, 2025 8:30 AM EST Company Participants Cami VanHorn Joshua Easterly - CEO & Chairman of the Board Robert Stanley - President Ian Simmonds - Chief Financial Officer Conference Call Participants Brian Mckenna - Citizens JMP Securities, LLC, Research Division Finian O'Shea - Wells Fargo Securities, LLC, Research Division Melissa Wedel - JPMorgan Chase & Co, Research Division Arren Cyganovich - Truist Securities, Inc., Research Division Kenneth Lee - RBC Capital Markets, Research Division Robert Dodd - Raymond James & Associates, Inc., Research Division Paul Johnson - Keefe, Bruyette, & Woods, Inc., Research Division Mickey Schleien - Clear Street LLC Presentation Operator Good day, and thank you for standing by. Welcome to the Sixth Street Specialty Lending, Inc. Q3 2025 Earnings Conference Call.

While the top- and bottom-line numbers for Sixth St (TSLX) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Sixth Street (TSLX) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.57 per share a year ago.

NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today sent the following letter to its stakeholders in conjunction with its third quarter ended September 30, 2025 financial results. Please view a printable version of the letter here.