[Form 8-K Filing](index=1&type=section&id=Form%208-K%20Filing) This Form 8-K filing reports the company's first-quarter 2024 financial results, dividend declarations, and accompanying exhibits [Item 2.02 – Results of Operations and Financial Condition](index=2&type=section&id=Item%202.02%20%E2%80%93%20Results%20of%20Operations%20and%20Financial%20Condition) Carlyle Secured Lending, Inc. announced its first-quarter 2024 financial results via an earnings press release and presentation on May 7, 2024 - The company announced its first quarter 2024 financial results through a press release and earnings presentation on **May 7, 2024**[11](index=11&type=chunk) - The press release and earnings presentation are attached as **Exhibit 99.1** and **Exhibit 99.2**, respectively[11](index=11&type=chunk) - Information provided under this item is not considered "filed" for Section 18 of the Exchange Act purposes[11](index=11&type=chunk) [Item 7.01 – Regulation FD Disclosure](index=2&type=section&id=Item%207.01%20%E2%80%93%20Regulation%20FD%20Disclosure) The company declared its second quarter 2024 base and supplemental dividends, payable in July 2024 to stockholders of record in June 2024 Q2 2024 Dividend Declaration | Dividend Type | Amount per Share | Record Date | Payment Date | | :--- | :--- | :--- | :--- | | Base Dividend | $0.40 | June 28, 2024 | July 17, 2024 | | Supplemental Dividend | $0.07 | June 28, 2024 | July 17, 2024 | [Item 9.01 – Financial Statements and Exhibits](index=2&type=section&id=Item%209.01%20%E2%80%93%20Financial%20Statements%20and%20Exhibits) This section details the exhibits accompanying the Form 8-K filing, primarily the first-quarter 2024 earnings press release and presentation - The report includes **Exhibit 99.1**, the earnings press release dated May 7, 2024, and **Exhibit 99.2**, the earnings presentation dated May 7, 2024[20](index=20&type=chunk)

FORM 10-Q o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period to Commission File No. 814-00995 Maryland 80-0789789 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) | --- | --- | --- | --- | |----------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------- ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Carlyle Secured Lending, Inc. (CGBD) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual ...

Userba011d64_201January this year, I wrote an article about Carlyle Secured Lending (NASDAQ:CGBD), which is a relatively small sized BDC with a focus on traditional and already established businesses. At that time, I indicated several aspects of CGBD, which made it an interesting BDC to consider in investor portfolios. For example, the major exposure to first lien investments coupled with a diversified portfolio across relatively defensive sectors clearly helped de-risk the portfolio. The underlying div ...

PixelimageCarlyle Secured Lending Inc. (NASDAQ:CGBD) has re-rated to net asset value, which diminishes the potential for incremental valuation upside, in my view. The business development company reported very solid fourth quarter results that showed that Carlyle Secured Lending continued to out-earn its dividend with NII, and it just raised its regular dividend by 8%. With positive business developments now fully reflected in the stock price, I don’t think that Carlyle Secured Lending has much gas left ...

Financial Data and Key Metrics Changes - The company generated net investment income of $0.56 per share in Q4 2023, an increase of 8% from the prior quarter, representing an annual yield of 13% based on the NAV as of December 31 [36][59] - The net asset value increased from $16.86 to $16.99 per share, a rise of approximately 1% due to Q4 earnings exceeding the dividend [22][37] - Total investment income for Q4 was $63 million, up about $2 million from the prior quarter, driven by higher base rates and increased other income [57] Business Line Data and Key Metrics Changes - The company maintained a conservative leverage position, with statutory leverage at about 1.2x and net financial leverage at approximately one turn, the lowest since early 2022 [64] - The portfolio remains diversified with 173 investments in 128 companies across over 25 industries, with a median EBITDA of $76 million [55] Market Data and Key Metrics Changes - The market environment in 2023 was characterized by volatility, slow private equity capital formation, and muted M&A activity, although there was a pickup in M&A activity in Q4 [62] - The company noted that market demand for private credit remains high, focusing on transactions with significant equity cushions and attractive spreads [66] Company Strategy and Development Direction - The company is primarily focused on making senior secured floating rate investments in U.S. mid-market companies backed by high-quality sponsors [27] - The investment strategy emphasizes creating a clean portfolio that generates predictable cash flows, with a disciplined approach to risk management [9][66] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to maintain and exceed the new $0.40 base dividend, with a commitment to paying out at least 50% of excess earnings through supplemental dividends [21][60] - The company anticipates stability in earnings for 2024, with a conservative approach to leverage and a focus on maintaining a non-volatile cash flow stream [20][36] Other Important Information - The company reported no new non-accruals and no additions to the watch list, indicating stability in credit quality [23] - The total fair value of the portfolio is expected to remain largely unchanged, with a positive impact on quarterly results due to changes in the capital structure of certain investments [39] Q&A Session Summary Question: What does the potential pickup in activity look like relative to the leverage profile? - Management indicated that the focus is on improving the current portfolio rather than simply increasing the number of deals, with a stable transaction environment observed in Q1 [31][34] Question: Can you elaborate on the Dermatology Associates investment? - Management confirmed that the investment has stabilized, with no immediate plans for significant new capital infusion, focusing instead on prudent management and timing for exit [46][95] Question: What are the competitive dynamics as activity increases? - Management noted that while spreads have tightened, the mid-market remains attractive due to better documentation and covenant structures compared to the upper market [76][78]

We operate in a highly competitive market for investment opportunities, and compete with investment vehicles sponsored or advised by our af iliates. substantially in size. Additional funds with similar objectives may be formed in the future by Carlyle or by other unrelated parties. Many of our competitors are substantially larger and have considerably greater financial, technical and marketing resources than we do. Consequently, it is possible that competition for appropriate investment opportunities may in ...

[Form 8-K Report](index=1&type=section&id=Form%208-K) [Item 2.02 – Results of Operations and Financial Condition](index=2&type=section&id=Item%202.02%20%E2%80%93%20Results%20of%20Operations%20and%20Financial%20Condition) Carlyle Secured Lending, Inc. announced its Q4 and FY2023 financial results on February 26, 2024, via press release and earnings presentation - The company announced its fourth quarter and full year 2023 financial results through a press release and an earnings presentation[16](index=16&type=chunk) [Item 7.01 – Regulation FD Disclosure](index=2&type=section&id=Item%207.01%20%E2%80%93%20Regulation%20FD%20Disclosure) The company disclosed its Q4 and FY2023 financial results and declared a Q1 2024 dividend on February 26, 2024, under Regulation FD First Quarter 2024 Dividend Declaration | Dividend Component | Amount per Share ($) | | :--- | :--- | | Base Dividend | 0.40 | | Supplemental Dividend | 0.08 | | **Total Dividend** | **0.48** | - The first quarter 2024 dividend is payable on **April 17, 2024**, to stockholders of record as of **March 29, 2024**[2](index=2&type=chunk) [Item 9.01 – Financial Statements and Exhibits](index=2&type=section&id=Item%209.01%20%E2%80%93%20Financial%20Statements%20and%20Exhibits) This section lists the Form 8-K exhibits, including the earnings press release and presentation for the period ending December 31, 2023 Form 8-K Exhibits | Exhibit Number | Description | | :--- | :--- | | 99.1 | Earnings press release of Carlyle Secured Lending, Inc., dated February 26, 2024 | | 99.2 | Earnings presentation of Carlyle Secured Lending, Inc., dated February 26, 2024 |

NEW YORK, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (“Carlyle Secured Lending”) (NASDAQ: CGBD) will host a conference call at 11:00 a.m. EST on Tuesday, February 27, 2024 to announce its fourth quarter and full year 2023 financial results, updated from 10:00 a.m. EST as part of the prior announcement. A news release containing the quarterly results will be issued after market close on Monday, February 26, 2024. The conference call will be available via public webcast via a link on Carl ...