TCG BDC, Inc. (CGBD) Declares $0.04 Special Dividend; 0.5% Yield

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Go back to TCG BDC, Inc. (CGBD) Declares $0.04 Special Dividend; 0.5% Yield

TCG BDC, Inc. Announces Third Quarter 2020 Financial Results and Declares Fourth Quarter 2020 Regular Dividend of $0.32 Per Common Share and Special Dividend of $0.04 per Common Share

November 4, 2020 4:01 PM EST

NEW YORK, Nov. 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 third quarter ended September 30, 2020.

Linda Pace, TCG BDCs Chief Executive Officer said, "Our portfolio continued to perform well with no new non-accruals during the third quarter and we are delivering on our goal to provide attractive income generation for our shareholders. Our loan book and our balance sheet are both well positioned for us to successfully navigate a highly uncertain macroeconomic landscape in the year... More