TCG BDC, Inc. (CGBD) Declares $0.05 Special Dividend; 0.6% Yield
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TCG BDC, Inc. Announces Second Quarter 2020 Financial Results and Declares Third Quarter 2020 Regular Dividend of $0.32 Per Common Share and Special Dividend of $0.05 per Common Share
August 4, 2020 4:01 PM EDTNEW YORK, Aug. 04, 2020 (GLOBE NEWSWIRE) -- TCG BDC, Inc. (together with its consolidated subsidiaries, we, us, our, TCG BDC or the Company) (NASDAQ: CGBD) today announced its financial results for its second quarter ended June 30, 2020.
Linda Pace, TCG BDCs Chief Executive Officer said, "Our portfolio is performing well and driving solid income generation for shareholders despite substantial economic uncertainty. Actions we have undertaken over the past quarter have fortified our balance sheet and provided significant capital flexibility to support our borrowers. TCG BDC is well positioned to deliver attractive returns for all of our stakeholders.
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