Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) Declares Quarterly Dividend of $0.45

Posted by Linda Flegge on May 11th, 2025

Nuveen Churchill Direct Lending Corp. (NYSE:NCDL – Get Free Report) announced a quarterly dividend on Friday, May 9th, Wall Street Journal reports. Investors of record on Monday, June 30th will be given a dividend of 0.45 per share on Monday, July 28th. This represents a $1.80 annualized dividend and a yield of 12.10%. The ex-dividend date of this dividend is Monday, June 30th.

Nuveen Churchill Direct Lending Price Performance

Shares of NYSE NCDL opened at $14.88 on Friday. The company has a fifty day moving average price of $16.15 and a 200 day moving average price of $16.77. Nuveen Churchill Direct Lending has a 1-year low of $14.21 and a 1-year high of $18.05. The firm has a market cap of $762.11 million, a PE ratio of 6.36 and a beta of 0.45. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.10.

Nuveen Churchill Direct Lending (NYSE:NCDL – Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.04). The firm had revenue of $53.59 million for the quarter, compared to the consensus estimate of $56.01 million. Nuveen Churchill Direct Lending had a return on equity of 12.72% and a net margin of 53.56%. Research analysts predict that Nuveen Churchill Direct Lending will post 2.28 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently commented on NCDL. UBS Group reduced their target price on shares of Nuveen Churchill Direct Lending from $18.00 to $16.25 and set a “neutral” rating for the company in a report on Thursday, April 17th. Keefe, Bruyette & Woods reduced their price objective on shares of Nuveen Churchill Direct Lending from $18.00 to $17.00 and set a “market perform” rating for the company in a research note on Tuesday, April 8th. Finally, Wells Fargo & Company lowered their target price on Nuveen Churchill Direct Lending from $17.00 to $15.00 and set an “equal weight” rating on the stock in a research report on Monday, April 28th.

Check Out Our Latest Research Report on NCDL

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.