8.03.2024

A milestone in sight

Our holding in Sixth Street Specialty Lending, Inc. Common Stock (TSLX) follows in the footsteps of Fidus Investment Corporation Common Stock (FDUS) and pays a regular dividend of ¢46 on September 30, which is in line with previous. (TSLX) also pays an additional ¢6 dividend on September 20.

I'm incredibly grateful to receive all these additional dividends that bring me closer to the first milestone of surpassing the 2019 dividends, which with any luck could happen as soon as 2026. A core memory for me is when early in 2018 we surpassed 2017's dividends. Something that will most likely not happen again. In recent years, we have surpassed the previous year during the month of December. Since 2022, the interim goal has been to pass by 2018.

The fact that we lost momentum in our dividends is exclusively due to Covid-19, which greatly reduced our portfolio value. I am grateful that we had not retired and thus would have been completely dependent on our portfolio.

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